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Essay heading: Pest Model
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History |
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| Date added: |
January 14, 2002 |
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3 / 702 |
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Furthermore, technological shifts can affect costs, quality, and lead to innovation.
THE MODEL'S FACTORS
• Political factors, or how and to what degree a government intervenes in the economy. Specifically, political factors include areas such as tax policy, labour law, environmental law, trade restrictions, tariffs, and political stability... displayed 300 characters
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Political factors may also include goods and services which the government wants to provide or be provided (merit goods) and those that the government does not want to be provided (demerit goods or merit bads)). Furthermore, governments have great influence on the health, education, and infrastructure of a nation... displayed next 300 characters
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