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Industry Analysis: Definition and Explanation

What is Industry Analysis? Industry analysis is related to different factors that are involved in the functioning of an industry. Some key components that are being analyzed in an industry analysis involve the life cycle and the

PEST Analysis for Strategic Marketing and Management Environment

Definition of PEST Analysis PEST Analysis can be defined as, “A framework  which describes the arrayed inter-dependence of macro-environmental factors used in the environmental scanning component of strategic management”. The PEST Model PEST is the acronym for