Answer to Question #218816 in Management for Callymoa

Question

Briefly explain the environment in which the use of PESTLE would be applicable

Answer 1

The environment in which the use of PESTLE would be applicable is when a new business is being launched or when a new business is entering a foreign market. The reason for this is that PESTEL is a tool used in supervising the macro-environmental factors that may affect the business operation through its focus on Political, Economic, Social, Technological, Environmental and Legal factors.