Unraveling the Power of PESTLE: Analyzing the External Factors of Business Success

• Business
• Further Education (Key Stage 5)

Unraveling the Power of PESTLE: Analyzing the External Factors of Business Success

Learning Objective

At the end of the lesson, you will be able to explain each element of PESTLE analysis with examples and discuss its usefulness for businesses.

What do you already know about PESTLE analysis?

Slide 1: Introduction to PESTLE Analysis

Definition of PESTLE analysis and its purpose

Slide 2: Political Factors

Explanation of political factors and their impact on businesses

Slide 3: Economic Factors

Understanding economic factors and their influence on businesses

Slide 4: Social Factors

Exploring the importance of social factors in business

Slide 5: Technological Factors

Analyzing the role of technology in business

Slide 6: Environmental Factors

Understanding the impact of environmental factors on businesses

Slide 7: Legal Factors

Exploring the legal aspects affecting businesses

Slide 8: Usefulness of PESTLE Analysis for Business

Discussing the benefits and application of PESTLE analysis

Write down 3 things you learned in this lesson.

Have students enter three things they learned in this lesson. With this they can indicate their own learning efficiency of this lesson.

Write down 2 things you want to know more about.

Here, students enter two things they would like to know more about. This not only increases involvement, but also gives them more ownership.

Ask 1 question about something you haven't quite understood yet.

The students indicate here (in question form) with which part of the material they still have difficulty. For the teacher, this not only provides insight into the extent to which the students understand/master the material, but also a good starting point for the next lesson.