Political, Economic, Socio-cultural Demographic, and Technological (PEST)

Factors

Political Factors

 Legal Documents
Economic Factors

 The employees will lose their job if the business goes bankrupt due to
financial trouble and poor management.

 Suppliers will lose its loyalty.

Socio-cultural Demographic Factors

 Nowadays, people are more likely to ride a car with upgraded and
innovated ones.

Technological Factors

 Internet connectivity
 Online Advertisement
 Suggestion and Recommendation

 The researcher recommended that Pedro Naguimbang should have first

determined whether Mr. Jose Naguimbang had business management
skills before entrusting the company to him. If this is the case, Mr. Jose
can make a clear and sharp business decisions.

 The researcher recommended that Pedro should have look for a person to
hire who is well-educated and suitable for the position.

 The researcher recommended that it is better if Pedro did not leave his
position immediately, instead, he should have given enough time to Jose
to study first the business and teaches him what he needs to know.