Search results
- DictionaryPes·tle/ˈpestəl/
noun
- 1. a heavy tool with a rounded end, used for crushing and grinding substances such as spices or drugs, typically in a mortar.
verb
- 1. crush or grind (a substance such as a spice or drug) with a pestle: "she measured seeds into the mortar and pestled them to powder"
A PESTLE analysis examines how Political, Economic, Social, Technological, Legal, and Environmental external factors affect a business or an organization. Explaining PESTLE analysis is easy since it is a simple, straightforward analysis used in strategic planning.
Jun 25, 2024 · A PESTLE analysis examines external market factors – including Political, Economic, Social, Technological, Legal, and Environmental – and market trends that might impact your organization’s direction, performance, and position in the marketplace.
1. : a usually club-shaped implement for pounding or grinding substances in a mortar see mortar illustration. 2. : any of various devices for pounding, stamping, or pressing.
Feb 2, 2023 · PESTEL analysis is defined as a business impact study that aims to understand the effects of 6 key external factors, which are politics, economics, social, technology, environmental, and legal. Learn about PESTEL analysis benefits examples, strategic management, and best practices.
Aug 8, 2022 · A PESTLE analysis, sometimes called PEST or PESTEL analysis, is a tool businesses use to assess macroeconomic factors that impact their operations.
The PESTEL framework is a strategic planning tool for analyzing an organization's external business environment. By identifying six key external factors that greatly impact business operations and performance, the framework will facilitate an easier and more efficient decision-making process. What is the PESTEL Framework?
Apr 20, 2024 · A PESTLE analysis is defined as a framework used to analyze and evaluate the external factors that can impact an organization’s operations, performance, and strategic decisions. It stands for Political, Economic, Social, Technological, Legal, and Environmental factors.
E nvironmental. L egal. Although it may seem simple at first sight, there's a lot of confusion surrounding the PESTEL model for business analysis — what is it, how does it work, and why bother? We'll answer those questions, and plenty more, in this complete guide to the PESTEL model. What Is the PESTEL Model?
PESTLE definition: 1. a heavy stick made of clay, stone, or metal with a thick, rounded end, used for crushing…. Learn more.
A PESTLE analysis studies the key external factors (Political, Economic, Sociological, Technological, Legal and Environmental) that influence an organisation. It can be used in a range of different scenarios, and can guide people professionals and senior managers in strategic decision making.
