PESTLE Analysis Overview

PESTLE Analysis Overview

Assessment

Flashcard

Science

5th Grade

Hard

Created by

TheDEVRanch TheDEVRanchMP

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9 questions

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1.

FLASHCARD QUESTION

Front

Learning Objectives of PESTLE Analysis

Back

Explain how using a PESTLE analysis can inform business decisions and complete a PESTLE analysis.

2.

FLASHCARD QUESTION

Front

Influential Change Drivers in Business

Back

External environments of a business consider all outside influences impacting operations. PESTLE analysis helps understand the context and need for change.

3.

FLASHCARD QUESTION

Front

Political Factors in PESTLE Analysis

Back

Government decisions influence business operations, such as tax rates and regulations. Political stability can affect trade and business growth.

4.

FLASHCARD QUESTION

Front

Economic Factors in PESTLE Analysis

Back

Fiscal policies dictate taxation and government spending, impacting business profitability. Economic growth and inflation rates affect consumer spending and business success.

5.

FLASHCARD QUESTION

Front

Social Factors in PESTLE Analysis

Back

Social attitudes towards saving and spending shape consumer behavior and business opportunities. Increasing focus on social responsibility affects consumer purchasing decisions.

6.

FLASHCARD QUESTION

Front

Mind map of PESTLE Analysis

Back

Diagram illustrating the components and factors of PESTLE Analysis.

7.

FLASHCARD QUESTION

Front

Technological Factors in PESTLE Analysis

Back

Technological advancements can create new opportunities and challenges for businesses. Staying updated with technology trends is crucial for maintaining competitive advantage.

8.

FLASHCARD QUESTION

Front

Environmental Factors in PESTLE Analysis

Back

Environmental regulations and sustainability initiatives impact business operations. Companies need to adapt to eco-friendly practices to meet regulatory requirements and consumer expectations.

9.

FLASHCARD QUESTION

Front

Legal Factors in PESTLE Analysis

Back

Legal factors include laws and regulations that businesses must comply with, such as employment laws, health and safety standards, and consumer protection laws. Non-compliance can lead to legal penalties and reputational damage.