SLEPT analysis: Difference between revisions
Content deleted Content added
Merge and redirect to PEST analysis as it is not a separate subject |
|||
| Line 1: | Line 1: | ||
#REDIRECT [[PEST analysis]] {{R from merge}} |
|||
'''SLEPT analysis''' is a tool used to analyse a business environment. It is based on a [[PEST analysis]] with one additional dimension. SLEPT stands for Social, Legal, Economic, Political and Technological factors. |
|||
'''Social''' factors relate to the habits of the consumer, as well as the status of the general public (for example, the average age and income of people in a certain area). |
|||
'''Legal''' factors refers to government legislation that places constraints or obligations upon a business; businesses must adapt to changes in the law quickly in order to avoid prosecution. |
|||
'''Economic''' factors are affected by social changes, for example through booms and slumps in the economy; in a boom most businesses benefit, whereas in a slump most businesses feel a negative effect. Other economic factors are tied in with legal issues, for example a change in the minimum wage. |
|||
'''Political''' factors are similar to legal changes, except that this relates to changes in government influence in general; for example, businesses situated within the [[European Union]] have been affected by legislation passed by the EU and then implemented into the law of their own country. |
|||
'''Technological''' factors play a particularly significant role in modern business, and businesses must be aware of new technology in order to keep up with the rapid changes that are occurring in this field. |
|||
== External links == |
|||
*[http://www.thetimes100.co.uk/theory/theory.php?tID=235 SLEPT analysis with example] |
|||
*[http://www.free-encyclopedia-online.com/analysis/pestle.htm PESTLE Analysis - SLEPT +"E"] |
|||
[[Category:Strategic management]] |
|||
Latest revision as of 18:15, 21 October 2009
Redirect to:
- From a merge: This is a redirect from a page that was merged into another page. This redirect was kept in order to preserve the edit history of this page after its content was merged into the content of the target page. Please do not remove the tag that generates this text (unless the need to recreate content on this page has been demonstrated) or delete this page.
- For redirects with substantive page histories that did not result from page merges use {{R with history}} instead.