Luella Macro Environment PESTEL Essay

Pages: 1 (326 words)  ·  Style: Harvard  ·  Bibliography Sources: 2  ·  File: .docx  ·  Level: College Senior  ·  Topic: Business

Luella- •

Macro environment: PESTEL

Macroenvironment - Technological, Environmental, Legal

The technological environment is characterized by numerous developments which support organizations in increasing their operational efficiency and reducing costs. These technologies are often expensive and using them requires additional investments, but which generate a beneficial return. Advancements have been made relative to textile manufacturing and sewing, blends of new fibres, but also in terms of selling the products, such as online stores and the creation of the virtual community (Weston-Thomas).

In terms of environment, modifications occurred in the meaning of better protecting the natural habitats. This impacts the fashion industry by generating a focus and demand for clothes, shoes, bags and other accessories not made from animal leather. As a result, the environmental concerns focus on increasing the amount of synthetic leather used. This is rather challenging due to the functional limitation of synthetic fabrics, as well as the consumer's preference for animal leather.Download full Download Microsoft Word File
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TOPIC: Essay on Luella Macro Environment PESTEL Assignment

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Luella Macro Environment PESTEL.  (2009, February 26).  Retrieved July 30, 2021, from https://www.essaytown.com/subjects/paper/luella-macro-environment-pestel/183422

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"Luella Macro Environment PESTEL."  Essaytown.com.  February 26, 2009.  Accessed July 30, 2021.
https://www.essaytown.com/subjects/paper/luella-macro-environment-pestel/183422.