System Risk in PEST Analysis

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Pankaj, India

System Risk in PEST Analysis

As per recent global recession, how do you include in PEST analysis the risk factor due to mass negligence of control mechanism in financial sector in developed countries both by Government and public?

  Mr T, UK
 

Risk per Recession

Under political factors one could add Regulation that was lacking, probably as a potential threat. The likely developments to improve this situation could be an opportunity.
Social factors could be cultural attitudes to risk in specific industries and whether its myopic or looking to the long term.

 

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