PESTLE analysis for a cell phone repair firm The cell phone repair industry will remain an indispensable industry even though it is not experiencing the growth level it had in the previous years. The industry is expected to continue having market potential and also a massive scope of the target market. The paper discusses some of the external factors that can potentially influence its growth as summed up by the PESTLE analysis below. Political factors The political factors that can have a more significant impact on the business environment and trade markets include the hereditary factors as well as government regulations. They include factors like trade regulations, tax guidelines, political stability, safety regulations, as well as employment laws. The profitability of any industry can deeply be impacted by political stability or instability. Economic stability often links to the global political environment. Chaos and disruption of the supply chain can come as a result of political unrest in the country. The legislative changes can bring both short term and long term effects on the market environment. The mobile phone repair industry…
21 Apr