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Pest analysis explained: analyzing political, economic, socio-cultural, and technological factors - duration: 3:31 mindtoolsvideos 70,220 views 3:31. The pestle analysis template will help your organization assess factors of your external environment regarding politics, economy, social, technology, legal, and environment. Pest analysis stands for the analysis of political, economical, sociological and technological environment within a region or a country the same analysis is applied to understand the overall business environment and accordingly design the organizational strategy. Wal-mart stores walmart pestel/pestle analysis political economic sociocultural technological ecological environmental legal external factors.
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