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TECHNOLOGICAL FACTORS . Internet of things LEGAL FACTORS ECOLOGICAL FACTORS Natu

ID: 423877 • Letter: T

Question

TECHNOLOGICAL FACTORS . Internet of things LEGAL FACTORS ECOLOGICAL FACTORS Natural resources conservation Energy conservation Smart appliances Genomics/Biotechnology Virtual& augmented reality Renewable energy Virtual currency Crowdfunding Social media Climate change Air&Water; Pollution Recycling Waste management Ozone depletion Endangered species Government regulation or deregulation . Tax laws Tariffs . Patents Environmental protection laws Legislation of equal employment Local-state & federal laws Wearable's Autonomous vehicles Artificial intelligence Drones Deskless worker Internet business models Renewable energy . Robotics Cloud computing Big data & analytics Gamification 3D Printing Mobile payments or Wallet free payments Smart homes Wireless charging Ridables (Hoover) Streaming media Biometrics&Sensors;

Explanation / Answer

PESTEL for Telecommunications Industry

Political factors

Battle for Net Neutrality

Network licensing allocations

National Trade Barriers

Privatisation

National security concerns owing to hackers and terrorist forces

Economical factors

Inflation rates reduce consumer's propensity to pay

High tax rates can have an adverse impact

Consumer spending patterns

Price fluctuations

Consumer's disposable income

Societal factors

Rural urban population split

consumer attitude towards entertainment and communication

Lifestyle changes necessitating increased connectivity

Percentage of millennial population

Rise in middle class population percentage

Technological factors

2G/3G/4G/5G network connectivity

Technological advancements in smartphones

Rise of connectivity

Rise of ecommerce and mcommerce

Rise in popularity of mobile entertainment consumption

Ecological factors

e-waste

Carbon footprint of telecom service providers

Legal factors

Data Privacy laws

Telemarketing regulations

National barriers on accessign data

International and National roaming rule

Impact of Factors Industry Political Economical Social Technological Ecological Legal Advertising, Marketing 2 2 2 5 0 1 Apparel 0 3 3 2 3 1 Commercial Banks 2 5 3 2 0 3 Telecommunications 0 2 3 5 0 1 Food Services 0 2 4 3 1 0