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| Topic: |
Business
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| Number of pages / Number of words: |
13 / 3430 |
Essay's paper body
On the other hand, in emerging economies like China and India, the industry offers a lot of potential. A PESTEL analysis would provide us a view on the Retail Industry dynamics.
Political:
- Political stability
- Government policies on trade regulation and business tax
- Government view on business ethics...
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Also analyzing consumer buying trends
Environmental
- Disposal of chemical residuals.
- An efficient recycling process installed
- Ratio of build area to planted area
Legal
- Restrictions on foreign trade into a country
- Other legal issues related to e.g. environmental aspects etc.
Industry Summary
By means of the above analysis we can assess the Retail Industry as an industry with :
- Stiff price competition due to numerous competitors...
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