Thursday, October 15, 2015

PEST Analysis



1- Watch the video until 4:49 and say what the purpose is.

2- Watch it again and list what each of the following factors involved in a PEST analysis refer to.

  • Political factors
  • Economic factors
  • Sociocultural values
  • Technological factors
3- Watch the introduction to the video and complete the following passage.

The global environment of today is _________  ____________ than it was even 10 years ago. While companies _________  _______ _____________ to get any kind of information about markets. Today, they are _________________ in information. To stay afloat, company may ____________  _______ what is known as a PEST analysis. In a PEST analysis, we audit these factors to ________  ________________ about a company's environment.

4- Choose one of those factors and explain what examples are given to illustrate it.