3 Matching Annotations
  1. Oct 2025
    1. The political segment centers on the role of governments in shaping business. This segment includes elements such as tax policies, changes in trade restrictions and tariffs, and the stability of governments (Figure 3.4 “Political Factors”).

      This is arguable the most volatile out of the PESTEL (Political, Economic, Social, Technological, Environmental & Legal). Politics is a social science and is dictated not on just fact but also opinion. Currently the united states is a perfect example, they are ignoring the scientific community, or pre existing systems of government in favor of a religious driven movement that focuses on the idea that there country is the only that matters or nationalism, this has resulted in country's looking to export/import from other country's or just raise prices to offset any change in policy due to the current administration.

      Arguably this could be associated with economics due to my focused on trade but the political aspect just don't affect trade but how business practices perfectly legal and reasonable 1 year could become illegal due to public perception and passed into law due to opinion instead of fact.

  2. Sep 2025
    1. Eastern nations, such as India and Saudi Arabia, will be particularly important to consumer businesses, given their pent-up demand and willingness to spend

      With global trade uncertainty due to the U.S. tariffs its becoming more prominent for trade to focused more on the European & Asian markets.