PESTLE Analysis Factors Quiz
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Questions and Answers

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.

<p>performance</p> Signup and view all the answers

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

<p>PESTLE</p> Signup and view all the answers

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

<p>PESTLE</p> Signup and view all the answers

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

<p>threats</p> Signup and view all the answers

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

<p>opportunities</p> Signup and view all the answers

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

<p>data</p> Signup and view all the answers

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

<p>paralysis</p> Signup and view all the answers

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

<p>pace</p> Signup and view all the answers

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

<p>regular</p> Signup and view all the answers

The ______ factors scrutinize the social environment of the market.

<p>Social</p> Signup and view all the answers

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

<p>Technological</p> Signup and view all the answers

The PESTLE analysis is used for ______ business planning.

<p>Strategic</p> Signup and view all the answers

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

<p>PESTLE</p> Signup and view all the answers

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

<p>business</p> Signup and view all the answers

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

<p>Environmental</p> Signup and view all the answers

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