Advanced form of PEST: PESTELEM Analysis

      
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		            		Stefan Smith
Project Manager, Germany
			            
Advanced form of PEST: PESTELEM Analysis

	          		An advanced form of PEST analysis is called PESTELEM

Political

Economic

Social

Technological

Ecological

Legal

Ethical

Media

Now what is the difference? This kind of PEST is more accurate and offers more diverse look on business context.

If there are any questions I will gladly answer them...
				      
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						            	bade raju
Student (Other), India
												
				                PESTELEM versus PEST

													Why are media, ethical, ecological added?

What is the advantage of PESTELEM over PEST?
				                
										              4

						            	helen nzainga, Kenya
												
				                PEST Analysis: PESITELEFM

													Can also come up with pesitelefm

Political

Economic

Social

Institutional

Technological

Environmental/Ecological

Legal

Ethical 

Financial

Media.
				                
										              1

						            	Ricardo Ponticelli
Project Manager, Brazil
												
				                Simplify is the Way not to Complex It

													To me, the genius is simplifying the process.

I wonder if inserting more and more letters is not just making it more complex.

Why can't these new cards be involved in the others?
				                
										              0

						            	Jaap de Jonge
Editor, Netherlands
												
				                PESTELEM is More Explicit

													@Ricardo Ponticelli: I agree one should normally keep things as simple as possible.
On the other ha... Sign up
				              
										              0

						            	eduardo oliva
Professor, Mexico
												
				                Complex versus Simple

													Mostly depends on the nature of the situation under analysis. Also, simple observations become incre... Sign up
				              
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