PESTEL Analysis chap 3

Which factor in the PESTEL analysis refers to government policies and regulations?

• Social

• Political

• Technological

• Economic

The economic environment in PESTEL analysis focuses on:

• Taxation and government incentives

• Production, distribution, and consumption of goods and services

• Population demographics

• Technological advancements

In the PESTEL framework, social factors include:

• Government incentives

• Interest rates

• Cultural values and demographics

• Technological innovation

The legal environment affects a business by:

• Shaping tax policies

• Enforcing laws and regulations

• Influencing cultural norms

• Determining technological advancements

Which element in the PESTEL framework deals with environmental regulations?

• Political

• Technological

• Ecological

• Economic

What does 'ecological factors' in PESTEL primarily concern?

• Natural resources and sustainability

• Population structure

• Digital innovation

• Economic recession

In the PESTEL analysis, technology factors focus on:

• Government regulations

• Social demographics

• Innovations and new developments in the industry

• Trade policies

An example of a political factor in PESTEL is:

• Corporate social responsibility

• Laws governing minimum wages

• Digital transformation

• Climate change

Which of the following is an economic factor in PESTEL analysis?

• GDP growth rates

• Corporate culture

• Population growth

• Innovation cycles

Social trends in the PESTEL framework can affect a business by:

• Increasing technological development

• Shaping customer preferences and buying habits

• Lowering interest rates

• Influencing government policies