1.8 Analysis of the internal & external business environmentQuiz

What does the 'O' in SWOT analysis stand for?

• Omission

• Organisation

• Opportunities

• None of the above

Which of the following is an external influence on a business?

• Organisational structure

• Company culture

• Government policies

• Leadership styles

What is the primary focus of STEEPLE analysis?

• Internal business environment

• External business environment

• Organisational structure

• Internal stakeholders

Which leadership style involves making decisions without consulting others?

• Democratic

• Autocratic

• Laissez-faire

• Transformational

What does the 'S' in STEEPLE analysis represent?

• Strategy

• Strengths

• Social

• Stakeholders

Which element is NOT part of a SWOT analysis?

• Opportunities

• Threats

• Legal

• Weaknesses

Which factor would be considered in a business's internal environment?

• Economic trends

• Company culture

• Technological advances

• Legal regulations

What is a key characteristic of a democratic leadership style?

• Centralised decision-making

• Employee input in decisions

• No formal structure

Which of the following is an example of a government policy influence?

• Stakeholder engagement

• Company values

• Tax regulations

• Organisational culture

What is the main purpose of a SWOT analysis?

• To identify internal and external factors

• To evaluate financial performance

• To assess employee satisfaction

• To develop marketing strategies