
Stratman W3
Authored by Felicia Kurniawan
Business
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is NOT typically considered a part of PESTEL analysis in external analysis?
Political factors
Economic factors
Societal factors
Internal company factors
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which aspect of PESTEL analysis assesses the impact of government stability, taxation policies, and trade regulations on a company's operations?
Political
Economic
Social
Technological
Environmental
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
In a company's external analysis, what does the Competitive Analysis component primarily focus on?
Internal operational efficiencies
Economic trends
Industry rivals and competitive forces
Social factors
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is NOT typically considered a part of components of external analysis?
Forecasting
Monitoring
Operating
Assessing
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
When conducting a PESTEL analysis, why is it important to regularly update and revisit the analysis?
To maintain consistency in internal processes.
To avoid external factors altogether.
To adapt to changing market conditions and regulations.
To reduce the need for further market research.
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is NOT one of the Five Forces in Porter's Five Forces framework?
Threat of new entrants
Bargaining power of suppliers
Bargaining power of employees
Threat of substitute products or services
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
In Porter's Five Forces framework, what does the "Threat of Substitutes" refer to?
The power of suppliers to switch to alternative buyers
The potential entry of new competitors into the industry
The availability of similar products or services from other industries
The ability of buyers to demand lower prices from suppliers
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