PEST is used for:
Reveal answer
Fill a bubble to check yourself
PEST is used for:
Customer analysis
Environmental analysis.
Competitor analysis
Product adoption analysis
PEST (sometimes PESTLE) Analysis is a strategic framework used to analyze the external macro-environmental factors affecting an organization: Political, Economic, Social, and Technological factors (with Legal and Environmental sometimes added). It helps businesses identify opportunities and threats in their external environment, not internal factors like customers (A) or competitors (C).