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Political factors in PEST

Political factors in PEST

Diagram showing government and political decisions linked to taxation, subsidies, fiscal policy, monetary policy, regulation and public procurement, with arrows to costs, demand, investment, cash flow, compliance, competition, risk and profit

Political factors are changes created by governments, political institutions or public policy that affect how businesses operate, compete and make profit. In PEST analysis, they are external factors, so managers cannot control them directly.

Political Lesson

  1. A Level
  2. /Business
  3. /Political

Step-by-step lessons on Eduqas A Level Business Political. Each one builds up to exam-style questions. Build up your knowledge of the core business functions first, then focus revision time on the strategy and evaluation-heavy topics, since these carry the most marks.

Lessons