Which of the following is a legal factor in PESTLE analysis?

In PESTLE analysis, which examines external factors affecting a business, the legal component specifically addresses laws and regulations that impact organizational operations. Employment laws are a prime example of legal factors as they dictate how businesses must treat their employees, covering aspects such as hiring practices, wage regulations, workplace safety, and employee rights. These laws can significantly influence business practices, compliance costs, and overall operational strategies.

The other options pertain to different aspects of the PESTLE framework: technological awareness relates to technological factors and how advancements or trends can impact the business; wealth distribution falls under social factors that assess the demographic and economic nature of the market; and climate change is associated with environmental factors, which evaluate how ecological conditions and regulations related to the environment can affect a business. Each of these categories plays a role in PESTLE analysis, but employment laws are specifically classified as legal factors, making them the correct choice.