Pestle analysis of the Shetland Wool Company

Political Economical Social Technologica Legal Environmenta

l l

Political The Social factor Technologica Legal factors Environmenta

factors like Economic in cloth l factors like that affect a l factors are
tax laws, factor in cloth industry is advanced business are associated
changes in industry associated technology the regulatory with using
trade policies, considers the with the such as framework of natural
budget purchasing culture as chatbots to respective resources in
policies of power of people tend to help country such an optimum
government people and wear dresses customers in as tax manner as
can affect the their buying according to answering restrictions, these are
company to a intention. the situations. their queries export available in
great extent and payment restrictions limited
apps for a etc. quantities.
hassle-free
payment

SWOT analysis of The Shetland Wool Company

Strength Weakness Opportunity Threat

Company has a robust Company’s The UK market can There is a tough

management system. distribution channel is be the best competition in the
Number of employees restricted to a limited marketplace for the market and there is a
is less so the labor boundary only. company to grow lot of chances that
cost is less. their profit and earn company may fall
sufficient profit. behind