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WorksheetsB1 The Operational Environment
Total questions: 19
Worksheet time: 6mins
True
False
The S in PESTEL Analysis stands for:
Social
Scientific
Strategy
Structure
The two E's in PESTEL Analysis stand for:
Ecological and Essential
Efficiency and Effectiveness
Economic and Environment
Ecology and Enterprise
1)The impact of inflation is which type of PESTEL factor?
Economic
Political
Social
Technological
Consumer tastes is which type of PESTEL factor?
Technological
Political
Environmental
Ethical
None are correct
An increase in Minimum wage may impact a business because…
It will increase profits
It will increase total costs of the business
It will increase consumer products
It will increase customers
In the SWOT analysis, Strengths and Weaknesses are what?
External Factors
Poor Planning
Internal Factors
Good Management
,A business that has great communication skills and analytical abilities is an example of a type of
Strength
Weakness
Opportunity
Threat
A business has a poor reputation among customers , this would be considered to be a(n)
Strength
Weakness
Opportunity
Threat
A change in demographics could result in shifting demand away from products, this is classified as a
Strength
Weakness
Opportunity
Threat
A company that has been established and successful for 10 years doesn't need to conduct a SWOT
True
False
A PESTLE Analysis can help to examine which two external SWOT components?
Strengths & Threats
Opportunity & Weaness
Opportunity & Threats
Strengths & Weakness
Trade restrictions have just been lifted, allowing your company to expand into trading globally. Which external factor does this come under?
Political Factor
Economic Factor
Social Factor
Technological Factor
A shift in consumer taste, away from the firm's product is considered a
Political Factor
Economic Factor
Social Factor
Technological Factor
Installation of new computer software for your company is an example of a
Political Factor
Economical Factor
Social Factor
Technological Factor
What is the purpose of performing a SWOT Analysis?
Gives the management team a broader view on the potential opportunity
Evaluates whether the business venture is a good idea.
Identifies internal and external factors that may affect the business future performance.
Access an organization’s performance
Emma and Niva own a coffee shop. Name two environmental and/or ethical factors that would influence their business.
Mr. Jonas discovered that a new competitor has entered the market. At which stage of the SWOT analysis would this discovery probably be made?
Analysis of strengths
Analysis of weaknesses
Analysis of opportunities
Analysis of threats
