This lesson showcases how learners can apply their knowledge of international market features through a PESTLE analysis and conducted a benchmarking analysis to enable students to assess the feasibility of exporting a product to a given international market.
Curator and institution: Alberto Gamez, Universidad Panamericana, Campus GDL, Mexico
Supporting Materials:
PESTLE Analysis Worksheet Template (Spanish)
PESTLE Analyis Instructions (Spanish)
PESTLE Analysis Student Example (Spanish)
Subject(s): International market intelligence
Relevant SI feature: Country transformation maps
Learner level: Undergraduate programme in international business
Time allotment: Two sessions of 1.5 hours
Impact / Outcome The short-term outcomes of the lesson were
that learners gained knowledge about different
analytical and digital tools to support assessing
product exports in international markets. In the long
term, students benefit from a skill set that enables
them to make informed decisions and develop
strategies to adapt to changing market conditions,
reduce risk and improve their competitiveness. By
understanding the market as a complex system that
involves political, economic, social, technological,
legal and environmental factors, they learn to identify
opportunities and threats and respond accordingly.
This can help them better position their brand, set
achievable growth targets and increase productivity.
Additionally, it can help them assess the validity of
their existing products and services and identify
areas for improvement or expansion, as well as
define new product development opportunities.