What is PESTLE Analysis?

Pestle analysis is a strategic tool for identifying future trends and changes in politics, economics, society, technology, legislation, and the environment. It helps organizations foresee long-term changes and identify risks. Variations like PEST and Pester exist, with Spectres offering additional insights. These frameworks are essential for managers to navigate future challenges.

What are some variations of the Pestle framework mentioned in the text?

Explain the Spectres acronym and its significance in Pestle analysis.