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The external factors that the PESTLE analysis gauges are political, economic, social, technological, legal and environmental. The organizations most likely to benefit from a PESTLE analysis are large companies that are impacted by macroeconomic events.
PEST considers political, economic, socio-cultural and technological impacts. Sometimes called PESTLE analysis when legal and environmental impacts are also included. An example of Porters Five Forces is the Supplier power, Buyer power, Competitive rivalry, Threat of substitution, and Threat of new entry.
It examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external environment.
It examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external environment. A PESTEL analysis is used to identify threats and weaknesses which are used in a SWOT analysis.
A PESTLE analysis studies the key external factors (Political, Economic, Sociological, Technological, Legal and Environmental) that influence an organisation. It can be used in a range of different scenarios, and can guide people professionals and senior managers in strategic decision making.

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PESTLE analysis can help to plan the required workforce for an organization. For example, a technical workforce will be required for a technology-related business. PESTLE analysis help to choose the right workforce by considering factors like availability of labor, availability of skilled labor, and the cost.

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