Choose all that apply. What should you consider when completing a PEST Analysis?

Responses

How laws and regulations impact you
How laws and regulations impact you

New technologies available
New technologies available

Current state of the economy
Current state of the economy

Are there changes in geographical factors
Are there changes in geographical factors

1 answer

When completing a PEST Analysis, you should consider all of the following:

  1. How laws and regulations impact you - This falls under the Political aspect of PEST.
  2. New technologies available - This is part of the Technological aspect of PEST.
  3. Current state of the economy - This relates to the Economic aspect of PEST.
  4. Are there changes in geographical factors - This could be considered under the Environmental aspect or the broader context of external influences.

Therefore, all of the options listed are relevant considerations for a PEST Analysis.