
Business Strategy Quiz
Quiz
•
Business
•
University
•
Medium

Swati Chattopadhyay
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the aims of the Business Strategy lesson?
To learn about financial accounting
To understand marketing strategies
To learn about Competitive Advantage
To study human resources management
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of an economic factor in PESTLE analysis?
A recession reducing consumer spending
Brexit impacting supply chains
Aging populations affecting healthcare demand
New data protection laws
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of an environmental factor in PESTLE analysis?
Companies adopting eco-friendly practices
The rise of AI and automation
A recession reducing consumer spending
New data protection laws
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a factor in the PESTEL analysis?
Political
Economic
Technological
Financial
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the 'P' in PESTEL stand for?
Product
Political
Performance
Profit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the 'E' in PESTEL stand for?
Economic
Environmental
Ethical
Educational
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Threat of New Entrants refer to in Porter's Five Forces model?
The power of suppliers to influence prices
The possibility of new competitors entering the market
The power of customers to drive prices down
The level of competition among existing firms
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