S3 Internal & External Factors Quiz

A Business can control the External Factors.

• True

• False

The External factors are also referred to as:

• PETSRE Factors

• PETCE Factors

• PESTEC Factors

• Production Factors

In PESTEC, what does the S stand for?

• Sales

• Shops

• Social

• Standards

If a new law was introduced by the Government, which External Factor would this be?

• Political

• Economic

• Social

• Technological

• Environmental

How many External Factors are there?

• 3

• 4

• 5

• 6

How many Internal Factors are there?

• 3

• 4

• 5

• 6

The Internal Factors are . . .

• Human Resources, Finance & Political

• Human Resources, Finance & Sales

• Technology, Political & Environmental

• Finance, Human Resources & Technology

The Internal Factor of Human Resources includes which 2 groups?

• Customers & Suppliers

• Competitors and Local Community

• Employees & Managers

• Product & Promotion

A snowstorm would be an example of which External Factor?

• Social

• Technological

• Environmental

• Competitive

A rival business slashes their prices dramatically. Which External Factor is this?

• Political

• Economic

• Technological

• Competitive