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I need to do 800 words part one and i attached the following and you should use UK references and 2 textbook 2 website 2 hand book and British language l , if you can help me on this.
Part 1
• Outline what PEST and SWOT analyses are and how businesses use these tools.
• Explain in more detail how the political and economic factors can affect businesses and give some examples.
• Think of current factors which might affect businesses now and in the future giving some examples.
Identifying PEST influence is a useful way of summarising the external environment an which a business operates However, it must be followed up by consideration of how a business should respond to these influences
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