What do your conclusions tell you about the interconnections between the various aspects of the PEST environment? Can you make any interconnections between events and decisions made outside your country that will affect organizations in the country where you live and work?

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. Government legislation Government ideology • International law • Universal rights Wars • Local regulations • Taxation • Trade union activities Demographic trends (customers and employees) . • Lifestyle changes Political factors factors • Skills availability • Attitudes to work and employment Attitudes to minority groups • Gender issues Willingness and ability to move Concern for the environment • Business ethics Socio-cultural • Competitors • Suppliers • Currency exchange rates Employment rates Wage rates Government economic policies . • Other countries' economic policies Lending policies of financial institutions Changes from public to private ownership ORGANIZATION . Economic factors . Technological Information technology/the Internet New production processes Computerization of processes Changes in transport technology • New ways to generate energy • Waste management and recycling factors