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Running head: PESTLE ANALYSIS 1

PESTLE ANALYSIS 6

Pestle Analysis

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Pestle Analysis

Chile

· Chile has a political table environment that sustains the e-commerce sector.

· The rate of economic growth, which is at 3.1%, favors the sector (Marmol, Feys & Probert, 2015).

· The sociocultural surround appreciates the existence of new technology making e-commerce to be an easy activity to fulfill.

· The adaptability of the technological environment creates a perfect set up for the company that positively embraces change in a productive way (Phan, 2021).

· The legal frameworks align rules that make e-commerce to be easy as the environmental dynamics fully supports the trade.

· Investing in the country in e-commerce is perfect as there is an existing demand that has the full support of the government.

· Investing on the country increases the growth opportunities.

Bolivia

· The political stability in Bolivia favors the development of the country in terms of e-commerce.

· The economic growth of the country at 4.4% works in favor of e-commerce in the country (Marmol, Feys & Probert, 2015).

· The socio-cultural environment of the country favors the internet use making e-commerce to be highly appropriate for the country.

· The improving technological awareness makes e-commerce to spread to other parts of the country.

· The environmental dynamics in terms of infrastructure makes the country an ideal place for expansion.

· The limited legal barriers make e-commerce a favorable practice in the country.

· Investing in the country has a large Return on Investment making it an appropriate practice to focus on.

Paraguay

· The politically stable Paraguay makes e-commerce a perfect investment choice in the country.

· With the economic growth rate at 4.2% it is an ideal country to invest on based on the high return on investment that the country is likely to experience (Marmol, Feys & Probert, 2015).

· The sociocultural setting of the country positively favors and accept internet use making investing in the country a perfect choice.

· The ever-improving technology facilitates the use of e-commerce to boost its popularity (Phan, 2021).

· The environmental setting in terms of infrastructure makes e-commerce a perfect choice.

· The legal framework does not have any limitation to e-commerce.

· Investing in e-commerce in Paraguay is the perfect choice that is likely to create a perfect revenue stream based on the opportunities existing in the market.

Uruguay

· Uruguay has a political setting that fosters peace in the country making it ideal for e-commerce.

· The economic growth rate at 4.3% positively works in favor of the country triggering e-commerce trade in a positive way (Marmol, Feys & Probert, 2015).

· The socio-cultural setting also works in favor of the country in terms of promotion and popularity.

· The physical environment and infrastructure is organized in such a way that making orders in e-commerce is an easy activity to positively carry out (Phan, 2021).

· The legal framework of the country positively favors growth that is clearly ideal for e-commerce.

· Investing in e-commerce is the perfect choice that is likely to trigger growth in a positive way.

Argentina

· Argentina is widely known for its political stability that is likely to favor e-commerce.

· The country has an economic growth of 4.5% that is likely to work positively for the nation (Marmol, Feys & Probert, 2015).

· The focus is the creation of stability in the e-commerce trade through the socio cultural environment that positively works in favor of it.

· The ability of the people to embrace technology make investment in e-commerce a perfect choice as the preferred alternatives are provided (Phan, 2021).

· The environment in terms of infrastructure makes e-commerce a possibility.

· Lack of legal restrictions makes e-commerce trade in Argentina to be a success.

· Investing in the country is a perfect choice that needs to be implemented and positively practiced based on the expected returns.

References

Phan, S. (2021). The effect of PESTLE factors on development of e-commerce. International Journal of Data and Network Science5(1), 37-42.

Marmol, T. ., Feys, B., & Probert, C. (2015). PESTLE analysis. Place of publication not identified: 50Minutes.

Running head: PESTLE ANALYSIS

1

Pestle Analysis

Name:

Institution:

Running head: PESTLE ANALYSIS 1

Pestle Analysis

Name:

Institution: