What does PESTEL analysis refer to in the context of international business?

NCWEB B International Business

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Varun Narang
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People, Environment, Society, Technology, Economy, Law
Political, Economic, Social, Technological, Ecological, Legal
Political, Economic, Social, Technological, Environmental, Linguistic
Public, Economic, Social, Technological, Ecological, Legal
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a component of the international business environment?
Legal Environment
Technological Environment
Cultural Environment
Political Environment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key challenge for firms entering international markets?
Stable tax policies
Familiarity with local culture
Uncontrollable external forces
Access to local resources
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which political ideology allows for multiple beliefs and backgrounds to coexist?
Totalitarianism
Democracy
Pluralism
Authoritarianism
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of economy is characterized by government control over resources?
Traditional Economy
Mixed Economy
Command Economy
Market Economy
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a macro political risk?
Government takeover of property
Civil disorder affecting a single firm
Trade restrictions on specific companies
Changes in local tax laws
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of the ecological environment in international business?
Technological advancements
Political stability
Cultural practices
Environmental sustainability
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