More details may be found in my books:
By John Kyriazoglou
The following methods and techniques may be utilized for the analysis, assessment and evaluation of strategy of any type of organization. The evaluator may use only one method, or more than one, depending on his (or her) experience and situation.
Political issues are factors and conditions that relate to how governments intervene in the economy. These include: Tax and customs regulations, laws (labour, environment, health, etc.), political stability, government spending, government organization and attitude environmental regulation and protection, government spending on research, etc.
Economic issues are factors and conditions that relate to how the economy impacts a business. These include: economic growth, income distribution, foreign exchange rates, inflation rate, cost of capital, monetary policy, costs of exporting or importing goods and services, risk appetite of industry, energy cost, etc.
Social issues are factors and conditions that relate to how the society impacts a business. These include: Health consciousness, population growth rate, age distribution, demographics, living and housing conditions, career attitudes, emphasis on safety, trends of fashion, etc.
Technological issues are factors and conditions that relate to how the technology impacts a business. These include: Automation processes, production processes, IT systems and communication systems, communication infrastructure, research and development activity, rate of technological change, internet, etc.