Business Finance Homework Help
University of Windsor Economic & Political Factors of Mabe Inc PESTEL Analysis
I’m trying to study for my Business course and I need some help to understand this question.
Political – multiple government bodies as they operate globally, treaties in every country, taxation effects on the company
Economic – exchange rates, unemployment rates, inequality index (great level of inequality causes uncertainty and decreases consumption), population growth
Social – demographics such as poverty affect demand, different social practices (ex – offering tea in india’s workplace), different motivations to work, low number of births compared to deaths
Technological – Cost of production and automatization, Intellectual property rights is important, innovation of appliances, R & D, existing technology that can help the company
Environmental – Need for efficient appliances that use less energy (consume fewer resources), climate change impact on supply chain.
Legal – restrictions to global employability ie, Russia requires certain tests for anyone working there, employment laws within each country
