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PESTFEE by Mind Map: PESTFEE

1. Education

1.1. level of awereness/ perception

1.2. practical vs theoretical- quality of workforce

1.3. attitude

2. Phychological

2.1. Motivation

2.1.1. hierarchy

2.1.2. dependency attitude

2.2. satisfation

2.2.1. envious

2.2.2. take it for granted

2.3. maturity

2.3.1. wisdom

2.3.2. wise decision

2.3.3. self- awereness

2.3.4. self- discipline

2.3.5. self- restraint= calm

3. Social

3.1. culture

3.1.1. way of life

3.1.1.1. sedentary

3.1.1.2. self- expression

3.1.2. family relation

3.1.3. cultural value

3.1.3.1. cultural contamination

3.1.3.2. xenophilia..

3.2. stereotype/ prejudice- stt quo

3.3. social movement

3.3.1. gender equality

3.3.2. human right

3.3.3. animal right

4. Environment

4.1. green technologies

4.1.1. highcost to develop & operate

4.1.2. time- consuming to be effective

4.2. waste collection & treatment

4.3. pollution

4.3.1. health hazard

4.4. biodiversity

4.4.1. nature predator

4.4.2. food chain

5. Technology

5.1. research & development

5.1.1. probability of success- little

5.1.2. yield is astronomical

5.1.3. innovation & creation

5.1.3.1. high rate of failure

5.1.3.2. change business environment

5.1.4. probability of success- little

5.1.4.1. supporting technology resouce

5.2. scientific breakthrough

5.2.1. change the face of the world

5.2.2. can be accidental. Ex: Internet

5.2.3. rocket science

5.3. impediment = set back

5.3.1. Initial investment

5.3.1.1. infrastructure

5.3.1.2. technical personel

5.3.1.3. a lot of uncertainly risk

5.3.1.4. from the government' s perspective

5.3.2. maintain & training

5.3.3. efficency

5.3.4. economies of scale

6. Financial

6.1. Family

6.1.1. incom: salary/wage, bonus

6.1.2. living standar

6.1.3. living cost , children education, healthcare

6.1.4. disposable income

6.1.4.1. saving

6.1.4.2. other value in life

6.2. government

6.2.1. budget

6.2.1.1. tax income

6.2.1.2. foreign direct investment

6.2.2. expenditure

6.2.2.1. invetsment

6.2.2.1.1. infrastructure

6.2.2.1.2. particular industries

6.2.2.2. education

6.2.2.3. infrastructure

6.2.2.4. economic climate

6.2.2.4.1. subsidy

6.2.2.4.2. tax break

6.2.2.4.3. grant

6.2.3. budget surplus/ deficit

6.2.3.1. financial burdern

6.2.3.1.1. living standar

6.3. company

6.3.1. revenue/turnover

6.3.2. expenditure

6.3.3. investment

6.3.3.1. parity between cost & benefit

6.3.3.2. make profit

6.3.4. debt

6.3.4.1. finanial burdern

6.3.4.1.1. job security

7. Economic

7.1. Supply & Demand

7.1.1. Surplus & Shortage

7.1.1.1. price level = wage

7.1.1.2. bargaining power- unfair treatment ( vs recruiters/ employers)

7.1.1.3. shorttage

7.1.1.3.1. higher price

7.1.1.3.2. lower quality

7.2. competitive advantages (vs other candidates )

7.2.1. experience

7.2.1.1. try

7.2.1.2. not wait

7.2.2. education

7.2.2.1. initial factors

7.2.2.2. subside later on

7.2.3. niche skills

7.2.3.1. specific needs

7.2.4. technical knowledge/ know-how

7.2.5. job- related quality

7.2.5.1. teamwork skill

7.2.5.2. time management

7.2.5.3. sense of responsibility