Which of the following components is NOT part of PESTLE analysis?

PESTLE analysis is a strategic tool used by organizations to understand the external macro-environmental factors that could impact their operations and decision-making. The acronym PESTLE stands for Political, Economic, Social, Technological, Legal, and Environmental factors. Each of these components represents key areas that can influence the business environment and strategic planning.

In this context, the component that is NOT part of PESTLE analysis is “Statistical.” While statistical data might complement certain aspects of the analysis by providing quantitative insights, it does not fit into the defined categories of PESTLE. The inclusion of factors like Political, Environmental, and Technological reflects essential areas of focus in macro-environmental analysis, making “Statistical” the outlier in terms of relevance to PESTLE analysis.