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STEEPLE Analysis

Authored by Kenneth Tang

Business

11th - 12th Grade

Used 44+ times

STEEPLE Analysis
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are all social factors within the STEEPLE analysis except:

lifestyle trends

global communications

demographic changes, such as aging populations

changes in ethical perspectives and issues

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The impact of changes in interest rates is a ........ factor in the STEEPLE analysis

Social

Ethical

Technological

Economic

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When businesses consider the domestic and international legislation, such as employment rights, health and safety regulations and consumer protection laws of their workers, this is considered as a ..... factor.

Political

Legal

Social

Economic

4.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

Sourcing (supply chain management) from a responsible supplier is an example of ..... factor in STEEPLE.

Economic

Social

Technological

Ethical

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

All of the following are examples of environmental factors except .....

adverse or favourable weather conditions

ecological issues, such as climate change, global warming and environmental degradation

sustainability issues, such as single-use plastics.

environmental protection legislation

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

True or False? STEEPLE analysis can be used by a business to identify the opportunities and threats for the internal environment within the business.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Inflation is an economic factor in STEEPLE. The current high rate of inflation around the world is a(n) ..... for the business as it .....

threat .... reduces business cost of production rapidly

opportunity ... reduces business cost of production rapidly

threat .... increases business cost of production rapidly

opportunity ... increases business cost of production rapidly

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