Understanding Organizational Environments

Who is in control of an organisation's internal environment?

• The government

• The organisation itself

• Competitors

• Customers

What is the external environment in relation to an organisation?

• The environment controlled by the organisation

• The environment outside the organisation's control

• The internal policies of the organisation

• The organisation's management team

Which of the following is NOT decided by the organisation in the external environment?

• New technology availability

• Staff costs

• Hiring more people

• Increasing or reducing prices

Why is it important for organisations to have knowledge about external factors?

• To ignore them

• To plan for them and react positively

• To control them

• To avoid them

How does the external environment influence businesses?

• It has no impact on businesses

• It shapes the future of entire industries and individual businesses

• It only affects small businesses

• It only affects large corporations

What is the most effective way to understand and show awareness of external factors that affect an organization?

• SWOT analysis

• PESTLE analysis

• Financial analysis

• Market analysis

When will you be given the task of completing a PESTLE analysis?

• Before today's session

• During today's session

• After today's session

• Next week

The PESTLE analysis task will be based on one of the organizations researched within which activity?

• Activity 1

• Activity 2

• Activity 3

• Activity 4

During your work for Unit 304, for which organization will you be completing the PESTLE analysis exercise?

• A competitor's organization

• Your own organization

• A partner organization

• A random organization

What does the acronym PESTLE stand for in PESTLE analysis?

• Political, Economic, Social, Technological, Legal, Environmental

• Political, Economic, Social, Technological, Legal, Ethical

• Political, Economic, Social, Technological, Legal, Educational

• Political, Economic, Social, Technological, Legal, Entrepreneurial