What technological factors mean
What technological factors mean
Technological factors are external changes in machines, software, data, communications and production methods that affect how businesses operate and compete. In PEST analysis, the change comes from outside the firm, even though managers can choose how to respond.
Step-by-step lessons on Eduqas A Level Business Technological. 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.