Question

PESTLE for GE

PESTLE for GE

Homework Answers

Answer #1

Political:

  1. The government is supporting the digitization of industries
  2. Openness of the government for the global trade
  3. Importance of renewable energy identified and support by the government

Economic:

  1. Developing countries are growing and doing well
  2. Disposable incomes across the world has grown

Social:

  1. Green lifestyles are getting popular
  2. Adoption of mobile technologies have grown significantly

Technological:

  1. Adoption of digital technology has increased
  2. Online mobile services have increased and being adopted well

Legal:

  1. Reach of intellectual property protection laws have spread widely
  2. Complexity of online product regulations have been increased

Environmental:

  1. Oil reserves are limited
  2. Consumption of global energy has been growing.
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