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How to Use PEST Analysis

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When things in your business environment change, it can lead to exciting new opportunities. But, it can also cause significant threats.
So, it's essential that you stay on top of the key factors that might affect the health of your business. PEST Analysis helps you to do just that. It's a simple tool that you can use to analyze the Political, Economic, Socio-Cultural and Technological changes in your business environment.
And, from this, you can identify the opportunities and threats that these changes may present.
Doing this will help you to become more flexible, adaptable and resilient!
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