
STEEPLE Analysis
Authored by Sana Sharif
Business
11th Grade
Used 212+ times

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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A STEEPLE analysis is a way of evaluating external and internal factors which may influence the success of a business.
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The factors are: social, technological, economic, ethical, political, legal and environment.
TRUE
FALSE
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If any of the factors change a business may need to adapt its strategy.
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business that are flexible and can adapt to change will be more successful than a business that are inflexible and do not adapt.
TRUE
FALSE
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Being an early adaptor and having a first mover advantage is not that useful for business, you have more probabilities to fail.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Social factors include population size, but not the data about age groups and education levels.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Technological factors include the state of the technological advancement and introduction to new technologies.
TRUE
FALSE
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