STEEPLE Analysis

STEEPLE Analysis

11th Grade

12 Qs

quiz-placeholder

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STEEPLE Analysis

STEEPLE Analysis

Assessment

Quiz

Business

11th Grade

Practice Problem

Medium

Created by

Sana Sharif

Used 211+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A STEEPLE analysis is a way of evaluating external and internal factors which may influence the success of a business.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The factors are: social, technological, economic, ethical, political, legal and environment.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If any of the factors change a business may need to adapt its strategy.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business that are flexible and can adapt to change will be more successful than a business that are inflexible and do not adapt.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Being an early adaptor and having a first mover advantage is not that useful for business, you have more probabilities to fail.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Social factors include population size, but not the data about age groups and education levels.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Technological factors include the state of the technological advancement and introduction to new technologies.

TRUE

FALSE

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