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Essay Details:
Essay text:
This PESTEL Analysis shows there are forces out there, directly and indirectly, impacting how our business performs.
Political: Government stability, polices and regulation
In our current industry this will include Import and Export licensing due to the nature of products that we can produce.
There is the denied parties list, which give us knowledge of countries and companies that we cannot do business with or ship products to.
Economic: Currencies and rates in other countries.
The strength of the euro against the dollar certainly contributes as an incentive to buy new aircraft, as does the increased wealth and business expansion anticipated in Eastern Europe and Russia...
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