PESTLE Analysis
PESTLE Analysis is a strategic business framework used to assess and monitor the macro-environmental factors that may impact an organization. It examines Political, Economic, Social, Technological, Legal, and Environmental factors to identify opportunities and threats. This tool helps in strategic planning, risk management, and decision-making by providing a structured overview of external influences.
Developers should learn PESTLE Analysis when working on projects that require understanding broader market contexts, such as product development, business strategy, or startup planning. It is particularly useful for identifying regulatory compliance needs, technological trends, or social factors that could affect software adoption, ensuring solutions are viable in real-world environments.