Why is it that PESTEL factors can have such a strong impact on the future of a business?

Words: 51
Pages: 1
Subject: Management

PESTEL

Why is it that PESTEL factors can have such a strong impact on the future of a business? Do you support legis- lation such as that passed in New York (and elsewhere). or do you think it has more to do with protecting vested interests such as the hotel industry?