If the question is about issues / challenges / suggestions / opinion / way forwards, use the relevant PESTELG or TIPS dimensions.
PESTELG
-
P – Political
- Government Policy
- Political Stability/Instability
- Foreign Trade Policy
- Tax/ Fiscal /Monetary Policy
- Trade Restrictions, Barriers and Tariffs
- Political Decisions
-
E – Economic
- Economic Growth
- Interest Rates
- Exchange Rates
- Disposable Income
- Inflation
- Financial Capabilities and access to Capital
- Cyclical Changes (Industry and consumption)
- Unemployment Rate
- Labor Costs
-
S – Socio-cultural
- Population Growth
- Age Distribution
- Culture, Race, Ethnicity, Sex, Religion etc.
- Demographics
- Communication ease
- Income Distribution
- Inequality
- Attitude towards work
- Level of Education
-
T – Technological
- Research and Development and Innovation
- Global Technology
- Knowledge Sharing
- International Standards
- New innovative solutions
- Emerging Technologies
- Technological Maturity
- Copyright Infringements
-
E – Environmental
- Climate and weather
- Environmental laws
- Corporate Social Responsibility (CSR)
- Tourism
- Recycling and Waste Reduction
- Pollution Regulations
- Declining state of raw materials
- Geographical Location
-
L – Legal
- Employment and Labor laws
- Health and Safety Standards
- Consumer protection laws
- Tax laws
- Product labeling and Safety
- Regulations
- Better working conditions
-
G – Globalization
- Multinational Companies
- Capital and Labor mobility
- lower tariffs
- Trade and transactions
TIPS
-
T
-
Technology
-
Training
-
Taxation
-
Talent
-
Trade
- Transport
-
-
I
-
Innovation
-
Infrastructure: human, capital and technology
-
Intermediaries
-
Incentives
-
Investment
- Inputs
- Imports
- Illiteracy
- Implementation
-
-
P
-
Policies
- Promotion
- Politics
- Productivity
- Production: forward and backward linkages
- Profitability
- Poverty
- Process
- Public awareness
-
-
S
-
Skills
- Size/scale
- Supply chain
- Safety
- Security
- Standardization
- Sustainability
- Subsidy
- Stakeholders
-
For Example
What are the major factors that limit in the development of tourism industry of Nepal?
[using TIPS]
- embracing and making optimal use of advancements in the Technology (T – Technology)
- lack of proper Training for the human resources in the hospitality industry (T – Training)
- lower Investment in tourism infrastructures (I – Investment)
- lack of Promotional activities internationally (P – Promotion)
- Capacity of Skilled manpower to render quality service in tourism sector (S – Skills)
- etc…