Exam 1 Final Period GEE 2

A local business is planning to expand its operations internationally. During its PESTLE analysis, the company notes the host country’s unstable political climate and upcoming elections. As the business consultant, what would be the most strategic advice based on this analysis?

• Proceed with expansion immediately to beat potential competitors.

• Delay expansion until after the elections to reassess political stability.

• Ignore political factors and focus on marketing strategies.

• Shift focus entirely to local operations and cancel international plans.

In PESTLE analysis, the letter L stand for _________________ (ALL CAPS)

A startup is facing pressure to reduce its carbon footprint due to changing environmental regulations and increasing consumer awareness. Which of the following actions best demonstrates an integrated response that considers multiple PESTLE factors?

• Developing eco-friendly packaging to align with consumer preferences and comply with legal requirements.

• Cutting costs by reducing product quality to offset the price of sustainability efforts.

• Lobbying against environmental laws that threaten company profits.

• Investing in traditional marketing to shift consumer focus away from sustainability.

In PESTLE analysis, the letter S stands for __________________

The vision statement of a business describes its long-term aspirations and serves as a guide for choosing current and future courses of action. It answers the question, "________ do we want to be in the future?"

• Who

• What

• When

• How

The mission statement outlines a company's purpose and primary objectives. It explains what the business does, whom it serves, and ________ it does it.

• How

• Why

• Where

• When

A company is experiencing low employee morale due to unclear communication from leadership and lack of professional development opportunities. This situation affects productivity and teamwork across departments.
What type of business environment is being described?

• Internal

• External

A retail brand notices a sharp decline in sales after a new government tax regulation increases the cost of imported products. The company must now reevaluate its pricing strategy.
What type of business environment is being described?

• Internal

• External

In PESTLE analysis, Innovation is under what domain?

• Politics

• Ecological

• Legal

• Technological

In PESTLE analysis, consumer behaviors is under what domain?

• Political

• Technological

• Legal

• Socio-demographics