Enterprise Recommendations Quiz

What should enterprises consider when making recommendations for actions based on research analysis?

• Political and economic factors

• Only technological advancements

• Only social media trends

• Only environmental concerns

Which factor is NOT listed as an economic factor for enterprises to consider in the provided objectives?

• Consumer confidence in the economy

• Social media influence

• Cost of borrowing

• Level of employment

According to the objectives, what should be judged when assessing the suitability of recommendations?

• The potential impact on costs and revenues

• The effectiveness of marketing strategies

• The change in management personnel

• The innovation in product design

Which of the following is NOT listed as a factor that can affect enterprises due to changes outside of their control?

• School and home life

• Happiness and financial stability

• Freedom and technology

• Market competition

What should you consider when planning to deal with changes in external factors affecting your life?

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What is the primary purpose of a PEST analysis?

• To analyze the internal strengths and weaknesses of a company

• To evaluate the external factors that could impact an enterprise

• To calculate the financial stability of a business

• To assess the personal performance of employees

Which of the following is NOT one of the major areas covered by a PEST analysis?

• Political

• Economic

• Environmental

• Technological

How many major external areas does a PEST analysis cover?

• Two

• Three

• Four

• Five

Which of the following is NOT listed as a governmental change that could impact enterprises?

• Elections and party policies

• Trade agreements

• Environmental policies

• Monetary policy changes

What type of new regulations are mentioned in the image as a political factor?

• Health and safety regulations

• Environmental policies

• Financial reporting standards

• Consumer protection laws