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PESTEL Analysis as an Educational Tool for Understanding the Business Environment
Businesses do not operate in empty spaces. Every organization, whether small or large, local or international, is shaped by the world around it. Decisions about products, services, markets, prices, staffing, investment, and innovation are influenced not only by what happens inside the company, but also by wider external conditions. These conditions may include government policies, economic trends, social changes, technological development, environmental expectations, and lega
May 66 min read
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