It is subdivided into Microeconomics which scrutinizes the behaviour of firms, consumers and also the role of government, and where macroeconomics focuses on unemployment, inflation, industrial problem and also the role of government. What is PEST analysis? In an organization there are few authoritative factors which simulate a number of essential variables, which tries to influence the direct of supply and demand of an organization and also its costs (Kotter and Schlesinger, 1991; Johnson and Scholes, 1993). A PEST analysis is one of the possible problems that might affect an industry. A PEST analysis is a framework that program consultants examines the macro-environment in which the industry operates. PEST is an acronym for Political, Economic, Social and Technological factors. At times, even two more additional factors can be associated with PEST like Environmental and Legal which makes PESTEL analysis. The radical... If you want to master a full essay, order it on our website: Ordercustompaper.com
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