Sir .. can u please explain that if a company is in recession and disposable income is falling , co. Is producing light bulbs .. what would be the effect of this to company regarding pestel analysis .. its a past exam question from dec 16 .. please explain me this economic issue ..
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Sep/dec 16 pestel
9y ago#1This is well-explained in the ACCA model answer. Light bulbs are essential products (people will not want to revert to candles) so economic prosperity or decline has little effect on demand.
Thanku sir .. i ddnt get it .. was slightly confused .. now its totally fine .. thanku so much
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