An example of pest analysis could be an exterminator coming to your home to spray for spiders or roaches. Mouse removal can also be an example. The Political, Economic, Social and Technological (PEST) analysis for the Volkswagen company studies its external environment. PEST Analysis Examples. The following image is showing a PEST Analysis diagram created by Edraw. PEST Analysis Templates provide the context within which more detailed planning can take place, so that you can take full advantage of the opportunities. The PESTLE Analysis Example extends version of PEST model. The PESTLE Analysis Example covers the political, economic, socio-cultural Political is the first one of the PESTLE analysis example for business. The government of a country intervenes in the national economy through The main purpose of PEST analysis is to provide the manager or head of the enterprise or company with information regarding the surrounding situation in the world that can be crucial for making decisions. This model includes information about all factors that influence the company's activity. PEST analysis (political, economic, socio-cultural and technological) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. It is part of an external analysis when conducting a strategic analysis or doing market research Examples of analytical methods used in strategic analysis include: • SWOT analysis • PEST analysis • Porter's five forces analysis • The analysis is pitched at the project or business activity level rather than at a total company level, which may be less actionable. • It is not used in exclusivity. Company PEST Analysis History and Use PEST is a type of analysis used in strategic management which takes into account Political, Economic, Social and Technological (PEST) factors. The term "PEST" was first coined by Francis Aguilar in his 1967 book, "Scanning the Business Environment." PEST or PESTLE Analysis helps you understand your business environment, by looking at Political, Economic, Socio-Cultural, and Technological factors. For example, opportunities can come from new technologies that help you reach new customers, from new funding streams that allow you to invest in Aside from SWOT analysis, companies also use PESTLE analysis and Porter's five forces. Some companies even use all three tools to have a An example of a company who failed to see a threat with the specific threat causing the company's eventual downfall is Kodak. One of the most popular PEST ANALYSIS of the Accounting Firm. Many giant companies like Reliance Industries; General Electric invests heavily in machineries and equipment. The industries which are highly capital intensive encompasses aviation, automobile, oil exploration etc.The investment in assets in such companies criteria examples. PEST Analysis Template. lifestyle trends demographics consumer attitudes and opinions media views law changes affecting social factors brand, company, technology image Note: PEST analysis can be useful before SWOT analysis because PEST helps to identify SWOT factors. The PEST analysis headings are a framework for reviewing a situation, and can also, like SWOT analysis, and Porter's Five Forces model, be used to review a strategy or position, direction of a company, a marketing proposition, or idea. Completing a PEST analysis is very simple The PEST analy