Cartwrights Law Firm spends time analysing the political, economic, sociocultural, technological, environmental and legal factors which are affecting their organisation. These factors form the _______________ environment?

Question

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describe the marketing environment and the purpose of environmental analysis. In addition to their own internal environment, organisations operate within a macro environment (comprising broader forces such as social values and laws), and a micro environment (comprising the various players in the industry such as suppliers and competitors). Macro environmental factors include political forces, economic forces, sociocultural forces, technological forces and legal forces. This macro environmental framework has been called the PESTEL (for political, economic, sociocultural, technological, environmental and legal) framework.

Cartwrights Law Firm Spends Time Analysing the Political, Economic, Sociocultural