1. Political, Economic, Social and Technological (PEST) - Global Marketing
This analysis helps the marketer to find out the threats and risks associated with doing business in any particular market. The PEST analysis sets the foundation of SWOT analysis for a company which means finding out the Strengths, Opportunities, Weaknesses and Threats of a market (Lee & Carter, p. 6). ... Changes in global consumer demographics, technological expansion in different countries, government legislation and other elements of PEST analysis help the company to get information which is important in setting the marketing strategy appropriately. ... 'Foreign companies are often...
- Word Count: 2348
- Approx Pages: 9
- Has Bibliography