6.5.1 PESTLE Analysis – Political factors

For this activity:

You will need to write down your answers in your Mahara e-portfolio.

In this theme you have learnt that PESTLE analysis consists of components that influence the business environment. Each letter in the acronym denotes a set of factors that directly or indirectly affect every industry.

The P in PESTLE denotes political factors. 

For this task, go to the BBC business news (https://www.bbc.co.uk/news/politics) website and research a political factor that affects business.

Complete the following tasks:

1.    Write a summary of the political factor you have chosen from your research.

2.    List as many categories of business that the political factor may affect?

3.    Select three businesses and describe in detail how they may be affected by your chosen political factor?