The basic PEST analysis includes four factors: political, economic, social, and technological.
[3] Social factors include cultural aspects and health consciousness, population growth rate, age distribution, career attitudes and safety emphasis.
These can determine barriers to entry, minimum efficient production level and influence the outsourcing decisions.
[9] Factors include gender, age, ethnicity, knowledge of languages, disabilities, mobility, home ownership, employment status, religious belief or practice, culture and tradition, living standards and income level.
[6] The TELOS framework explores technical, economic, legal, operational, and scheduling factors.