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It is a useful strategic tool for understanding market growth or decline, business position, potential and direction for operations.
The growing importance of environmental or ecological factors in the first decade of the 21st century have given rise to green business and encouraged widespread use of an updated version of the PEST framework. STEER analysis systematically considers Socio-cultural, Technological, Economic, Ecological, and Regulatory factors.
It is also referred to as the STEER, STEEP, DESTEP, STEP, PESTE, PESTEL or PESTLE (or Political, Economic, Socio-cultural, Technological, Legal, Environmental)...
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Common topics in this essay:
- Compare and contrast the strategies of war planning and business planning. What internal (micro) and external (macro) environmental factors or forces are considered important for the success of planning in business and war?
- Environmental Factors
- Heinz marketing SWOT PEST and Five forces
- McDonald pest swot
- Mcdonald Pest Swot
- Pest And Swot Analysis
- Pest And Swot Of Kfc Group
- Pestle Analysis
- SWOT Analysis of a Business Plan
- Swot Analysis Of Agricultural Business
- Swot And Pestle Analysis
- SWOT, PESTLE and Porter's 5 forces analysis of Pepsi Co
- environmental key factors
- PEST & SWOT Analysis of ADIDAS
- swot on pest u like
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