
External Factors in Business Management
Authored by A Gordon
Business
12th Grade

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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the acronym PESTEC stand for?
Political, Economic, Social, Technological, Environmental, Competitive
Political, Environmental, Social, Technological, Economic, Competitive
Political, Economic, Social, Technological, Environmental, Corporate
Political, Economic, Social, Technological, Environmental, Commercial
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a political factor?
Changes in taste and fashion
Inflation
Weather conditions
New legislation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of an economic factor?
Weather conditions
Changes in taste and fashion
Inflation
New legislation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a social factor?
Changes in taste and fashion
Weather conditions
Inflation
New legislation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a technological factor?
Weather conditions
Selling goods online
Inflation
New legislation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an environmental factor?
New legislation
Changes in taste and fashion
Weather conditions
Inflation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a competitive factor?
New legislation
Inflation
Changes in taste and fashion
Impact of a rival firm
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