Question: Based on your PESTLE analysis, you will conduct a risk assessment and provide recommendations to EcoGadget's management about potential expansion opportunities, potential risks that could

Based on your PESTLE analysis, you will conduct a risk assessment and provide recommendations to EcoGadget's
management about potential expansion opportunities, potential risks that could hinder growth, and strategies to
align with their sustainability goals.
Political Factors: Conduct a PESTLE analysis for EcoGadget, identifying and discussing the key political factors
(e.g., government incentives for green technology and trade policies) that can influence the companys
operations and profitability.
5. Economic Factors: Analyze the economic factors that may impact EcoGadgets business environment. Consider
how inflation, exchange rates, or economic growth might affect the company's profitability, particularly in new
markets.
6. Social Factors: Identify and discuss at least three social factors (e.g., consumer preferences for sustainable
products and societal pressure for corporate responsibility) that could affect EcoGadget's operations and
product demand.
7. Technological Factors: Evaluate the technological factors that may present opportunities or challenges for
EcoGadget. How can advancements in renewable energy technology or smart home innovations impact the
companys competitiveness and profitability?
8. Environmental Factors: Assess the environmental factors that EcoGadget should consider. How can the
company align its operations with its sustainability practices, and what potential environmental concerns might
arise as they expand?
9. Legal Factors: Identify and discuss at least three potential legal factors (e.g., environmental regulations, patent
laws) that EcoGadget should monitor. How might changes in legislation or regulations affect the companys
operations and profitability?

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