The PESTEL framework facilitates the anticipation of potential challenges in the business landscape by providing a structured way to analyze and assess macro environmental factors. These factors include Political, Economic, Social, Technological, Environmental, and Legal aspects. By examining these areas, businesses can anticipate potential challenges and prepare for them in advance. This proactive approach can help businesses mitigate risks, seize opportunities, and maintain a competitive edge in an ever-evolving business landscape.
How to anticipate potential challenges and harness emerging opportunities in an ever-evolving busine...
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