What are some variations of the Pestle framework mentioned in the text?
What is PESTLE Analysis?
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Business, Information Technology (IT), Architecture, Social Studies
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12th Grade - University
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Hard
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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.
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Explain the Spectres acronym and its significance in Pestle analysis.
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