PEST ANALYSIS

What is the definition of physical factors in the context of the natural environment?

• Factors related to human-made structures

• Factors related to the natural environment, geographical location, and infrastructure

• Factors that only affect climate change

• Factors that are solely economic in nature

How does climate affect the sales of products?

• It has no effect on sales.

• It affects the sales of products such as ice-cream and heavy coats.

• It only affects the sales of food items.

• It only affects luxury goods.

What is a consequence of poor air quality for businesses?

• It increases product sales.

• It decreases the health risk for employees.

• It increases the health risk for employees.

• It has no impact on employee health.

Why are regions with abundant natural resources suitable for primary production?

• They have a high population density.

• They are often located near urban areas.

• They provide the necessary materials for production.

• They have advanced technology.

What advantage does a seaside location provide for businesses?

• It has a lower cost of living.

• It facilitates the shipping of raw materials, products, and equipment.

• It guarantees better weather conditions.

• It attracts more tourists.

How does well-developed infrastructure benefit trade?

• It increases the number of employees.

• It facilitates trade through efficient transportation networks.

• It reduces the need for communication.

• It has no effect on trade.

What role does a stable energy supply play in business operations?

• It increases the cost of production.

• It ensures the smooth operation of businesses.

• It has no impact on business operations.

• It only benefits large corporations.

Which of the following is NOT a physical factor?

• Climate

• Air quality

• Marketing strategies

• Natural resources

What is one effect of climate on business operations?

• It decreases the need for infrastructure.

• It increases the cost of business operations that require a certain temperature level.

• It has no effect on operational costs.

• It only affects seasonal businesses.

How does a well-developed telecommunications network benefit firms?

• It reduces the need for physical meetings.

• It allows firms to communicate effectively and efficiently with their branch offices, suppliers, and customers.

• It has no impact on communication.

• It only benefits large companies.