PESTLE For seminar 4- MGT0006

There is the external environment of the company and is considered as the uncontrollable variables of a business enterprise.

• microenvironment

• environmental scanning

• swot

• macro environment

Which of the following are considered political elements of PESTLE?

• Visa requirements and trading tariffs

• Currency inflation and interest’s rates

• Age and gender

• Weather and climate

How does PESTLE help your strategic development team?

• It helps you to see how your company's financial well-being is affecting the environment

• It helps you to find solutions to problems, create marketing strategies, and stay ahead of your competition.

• It helps you to identify the strengths of your company only

• It helps you to find the weaknesses of your company only

Why is PESTEL Analysis called 'Environmental Scanning'?

• Because it looks at climate change

• Because it compares organizations against each other

• Because it is done on a computer

• Because it scans the environment for potential positive and negative factors

 

The countries unemployment rate is an external force impacting on which environment?

• Environmental

• Social

• Economic

• Politic

The Workplace Health and Safety legislation and codes of practice that a business must consider are....

• Environmental factors

• Political factors

• Economic factors

• Legal factors

Consumer tastes is which type of PESTEL factor?

• Political

• None are correct

• Ethical

• Technological

An increase in Minimum wage may impact a business because...

• It will increase customers

• It will increase profits

• It will increase total costs of the business

• It will increase consumer products

The Es in PESTLE Analysis stand for

• Economic and Environment

• Efficiency and Effectiveness

• Ecological and Essential

• Ecology and Enterprise

What is macro environment?

• Forces that shape opportunities but also pose threats to the company

• Cultural factors which every company shows to the world

• The immediate small-scale environment of an organism or a part of an organism

• None from the list