UESTIONS AND SUGGESTED SOLUTION A useful approach for understanding a client’s business environment and [1] associated business risks is to perform a PESTLE analysis. PESTLE is an acronym for Political, Economic, Social, Technological, Legal and Environmental factors that are used to asses the client’s business environment. A PESTLE analysis focuses on factors that may affect an entity’s business model but are beyond the control or influence of the client. While beyond management’s direct influence, such factors may significantly impact an entity’s business risk. Read the background information about the poultry industry and conduct additional research on the internet to obtain the latest news and information on the industry. Brainstorm political, economic, social, technological, legal and environmental factors that could affect Asher Farms’ business risk. Unless your instructor indicates otherwise, identify at least one business risk factor for each component of the PESTLE acronym. Political R Political instability in customer markets from the effects of war and terrorist activities could adversely affect ability to obtain production supplies or sell chicken products. Financial Statement Accounts/Disclosures that could be affected: Going concern disclosure, cost of sales, revenue, inventory The company may not be able to continue as a going concern or may have to pay more to produce poultry or not be able to obtain supplies or sell poultry from/in important markets