Tax policies, trade restrictions, tariffs, political stability, industries encouraged or discouraged, influence on health, education, and infrastructure.
Economic
Business cycles, interest rates, exchange rates, money supply, inflation, unemployment, disposable income, availability and cost of energy, impact of globalisation.
Social
Attitude to mental and physical health, population growth rate, age distribution, social mobility, career attitudes, work ethics, lifestyle changes and attitude to safety.
Technology
Research and development activity, protection and support for innovation and invention, level of automation, technology incentives, rate of technological change, technical barriers to entry and minimum efficient production levels.
Legal
Legislation, laws and regulations govenring contracts, discrimination, consumer protection, competition, employment, health and safety and the environment.
Environmental
Weather, climate, climate change, waste, carbon trading and conservation
The "PESTLE" template is a useful tool for understanding the environment of an enterprise or system. It provides a checklist of Political, Economic, Social, Technology, legal and Environmental factors.Metaphor: a mortar and pestle provides an environment for crushing, grinding and mixing.