PESTLE Analysis Factors Quiz

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18 Questions

A SWOT analysis makes complex problems more ________.

manageable

PESTLE is a mnemonic which, in its expanded form, denotes P for ________, E for Economic, S for Social, T for Technological, L for Legal, and E for Environmental.

Political

Political factors determine the extent to which a ________ may influence the economy or a certain industry.

government

Economic factors are determinants of an economy's ________ that directly impact a company and have resonating long-term effects.

performance

Social factors are one of the key elements of a ________ analysis.

PESTLE

Technological factors are one of the key elements of a ________ analysis.

PESTLE

PESTLE analysis can enable an organization to anticipate future business ______ and take action to avoid or minimize their impact.

threats

PESTLE analysis can enable an organization to spot business ______ and exploit them fully.

opportunities

Some PESTLE analysis users oversimplify the amount of ______ used for decisions.

data

The risk of capturing too much data may lead to '______ by analysis'.

paralysis

The ______ of change makes it increasingly difficult to anticipate developments that may affect an organization in the future.

pace

To be effective, the PESTLE analysis process needs to be repeated on a ______ basis.

regular

The ______ factors scrutinize the social environment of the market.

Social

The ______ factors pertain to innovations in technology that may affect the industry.

Technological

The PESTLE analysis is used for ______ business planning.

Strategic

The ______ analysis can detect and understand broad, long-term trends.

PESTLE

The PESTLE analysis facilitates an understanding of the wider ______ environment.

business

The ______ factors include all those that influence or are determined by the surrounding environment.

Environmental

Test your knowledge on various factors involved in a PESTLE analysis including social, technological, and legal factors. Explore how these elements can impact industries and markets.

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