The organization that I have chosen for PESTLE analysis is
General Electric because it is an MNC, headquartered in Boston and
spread Worldwide
PESTLE of GE
- Political factors
- Government support for considerable digitization of
industries
- Government support for the paradigm shift towards renewable
energy
- The threat of entry of global investors
- Government support for the protection of intellectual property,
thus safeguarding GE’s competitive advantage
- Economic factors
- The economic growth of developing countries facilitates GE’s
business
- There has been an upward trend in the disposable income of
citizens, thus probability of increase of GE’s business
- Social Factors
- The trend of people opting for green lifestyle favors GE’s
macro-environment
- Trend to adopt mobile technologies increases the opportunities
of GE’s towards technological advancement
- The shift towards renewable energy of consumers can pose as a
threat to GE’s business
- Technological Factors
- Digital adoption of technologies facilitates GE’s technological
advancement
- Increasing trend of industries to opt for online mobile
services opens a new opportunity for GE’s business
- Environmental Factors
- The declining oil reserves can pose a threat to GE’s
business
- There is an inclination of users towards use of recyclable
material. This serves as an opportunity to GE’s business.