Social, Technological, Environmental, and Legal. Each factor affects the types of businesses that can succeed in a specific market, as well as how those businesses can operate.
Back to Businesses, Competition, and New Ideas
Lesson PreviewLesson 3 of 8 in this unit
1.3 PESTEL Factors and the Business Environment
Part of Businesses, Competition, and New Ideas in AP® Business with Personal Finance. Read the opening section, then create a free account for the full interactive lesson, practice, and progress tracking.
In this unit
8 lessons
- 1.1What Is a Business?Preview lesson
- 1.2Markets and Competitive AdvantagePreview lesson
- 1.3PESTEL Factors and the Business EnvironmentThis lesson
- 1.4How Do Business Ideas Originate?Preview lesson
- 1.5VisionPreview lesson
- 1.6Business EthicsPreview lesson
- 1.7Organization, Roles, and ResponsibilitiesPreview lesson
- 1.8Supply ChainsPreview lesson
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