Understanding Business Frameworks Quiz

Which of the following is NOT a factor in the PESTEL framework?

• Political

• Social

• Technological

• Internal

In a SWOT analysis, which of the following would be considered an internal factor?

• Opportunities

• Threats

• Strengths

• Economic trends

Which element of the business environment is directly influenced by government policy changes?

• Internal environment

• External environment

• Organisational culture

• Company mission

What does the 'E' in PESTEL stand for?

• Environmental

• Economic

• Ethical

• Educational

Which of the following best describes a 'threat' in a SWOT analysis?

• A positive internal attribute

• A negative external factor

• A positive external opportunity

• A negative internal weakness

Which of the following is an example of a 'weakness' in a SWOT analysis?

• A new competitor entering the market

• Outdated technology within the company

• A change in consumer preferences

• A favourable government regulation

Which of the following is NOT typically considered part of the internal environment of a business?

• Company culture

• Employee skills

• Supplier relationships

• Organisational structure

Which of the following is an example of an opportunity in a SWOT analysis?

• High staff turnover

• Launch of a new product in the market

• Poor cash flow management

• Outdated IT systems

Which of the following is a macro-environmental factor?

• Company leadership style

• Technological advancements in the industry

• Employee morale

• Office location

In the PESTEL framework, which factor would include changes in laws and regulations?

• Political

• Social

• Technological

• Environmental