Hello
I hope that you are well
It seems that some pestel factors are interrelated.some parts of scenarios can be considered in 2 or 3 parts of PESTEL.
for example:if goverment reduce tax(this can be both political(because goverment do this) and economical(because by reducing tax,dispoasable income of people will increase and they can spend more money)).
My question is this;
In order to SAVE time can we write the above sentence instead of writing it twice under two seperate headings(once in Political and once in Economical seperately)?
I mean write the realated part of scenario and then write its consequences and then said this part is related to which of PESTEL factors instead of writing 6 seperate headings (political, Economical,social,technological, environmental,legal) and then writing related part of scenario under related headings(usually examiner do the second format but it needs more time)
Thank you.
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PESTEL
PESTEL is only a check-list to help you make sure you don't miss an important environmental influence.
It doe not matter at all whether you put tax under economic, political or legal. The important thing is that you have spotted that there has been a change in tax that might affect your company.
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