What does the PESTLE framework help us to do?
A) Kill pests
B) Analyse the macro environment
C) Develop winning strategies
D) Develop a plan of action

Question

Quizplus · Accepted Answer

The PESTLE framework, also known as PESTEL analysis or PEST analysis, is a tool used to analyze the macro environment in which a business or organization operates. The acronym stands for Political, Economic, Social, Technological, Legal, and Environmental factors. By analyzing these factors, organizations can identify opportunities and threats and make more informed decisions about strategy and action plans. The framework does not involve killing pests or directly developing strategies or action plans, so options A, C, and D are incorrect. PESTLE framework is used for analysing the macro environment.

What Does the PESTLE Framework Help Us to Do