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There are technological aspects that affect most companies and institutions, including: legislation regarding the use of technology, the way in which the consumer accesses technology, and the structure. Communications infrastructure, research and development work. aspect is evaluated through the following question: How does technology affect business success and growth in the short and long term? 5- Legal elements There are some legal factors that have a direct impact on the organization, such as: laws related to the consumer, safety standards, security procedures, and labor laws. The evaluation of the PESTEL analysis of the legal elements becomes clear with the following question: How do the current or future legal frameworks and foundations affect the company’s ability to work. 6- Environmental elements These elements are more prominent in areas affected by environmental changes, such as: agricultural and tourism-based fields.
Emergency changes in climate, weather, and geographical location affect the company and decision makers. The PESTEL analysis evaluation of the environmental aspect includes answering the following question: How do environmental changes help or hinder Haiti Email List the The institution's ability to work. Read also about: business risks Examples of PESTEL analysis There are many examples that illustrate the six factors we mentioned on businesses, explaining how the PESTEL model works. Here we will suffice with mentioning two examples of a company that is affected economically and politically in its business. Coming to Tesla, the leading company in the field of automobile manufacturing, we find that it suffers from the risk of obtaining battery metals because the country from which it imports the metals is experiencing political unrest and severe risks, as we find that the Democratic Republic of the Congo contains more than 70% of the cobalt in the world, and this country It is characterized by a state of political instability, frequent conflicts, and corruption.
So we find Tesla focusing on clean energy as an alternative. From the economic aspect, we find that Tesla is one of the innovative companies that develops alternative plans to confront any challenges it may face, and although it benefits from the decline in battery costs by resorting to innovation and thinking about the future, some raw materials are still expensive and cause it concern about high inflation, in states such as Nevada and California, we find large subsidies have been provided to the company. The most important sources miro – nilemuseum – fourweekmba – corporatefinanceinstitute Browse articles → Previous article Next article ← Leave a comment your e-mail address will not be published. Required fields are marked * write here... write here... the name* the name* E-mail* E-mail* the site the site Save my name, email, and website in this browser for the next time I comment. Contact us now the name* phone number* E-mail the message Contact Us name* Mobile Number* E-mail Message Leave a comment / Google Ads - Google Ads Google Ads ads Spending an amount of money on Google Ads is the best way to reach the target audience .
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发表于 2024-2-17 12:23:57