PESTLE Analysis And Diversification As A Strategy Tool In Pharmaceutical And Heavy Machinery Industries

PESTLE Analysis FrameworkPESTLE analysis as a strategy developmental tool is considered as an important tool in the business field as it is a framework which helps in describing the macro-environmental factors. With the help of this tool, any organization can evaluate the external environment and identify the root cause of business inefficiency.  This strategy is basically taken into consideration by the managers or the top officials to t…