6) Environmental Factors - Deepstash
6) Environmental Factors

6) Environmental Factors

These factors have little to do with the company's actual operations, such as climate, pollution, weather, and environmental regulations.

The company might have to spend money on green technologies, or it may be affected by government regulations.

Key environmental factors include the following:

  • Waste Treatment
  • Usage of raw materials
  • Temperature
  • Climate Change
  • Pollution
  • Natural disasters (tsunamis, tornadoes, etc.)

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weeklyconcepts

Management concepts explained like tweets.

The PESTEL framework is an important strategic tool for understanding the macroenvironment in which your business operates.

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