Answer:
PESTEL is a very simple framework that involves external factors that act as a necessity for every business.
let's understand its advantages and disadvantages:
ADVANTAGE:
1. Widens Horizon: It helps business to widen its horizon in order to keep a count of future discrepancies and opportunities.
DISADVANTAGE:
2. Based on assumptions: anticipation makes it a time taken a process that might not even result to be fruitful in long run.