EF3031 WEEK 4 LESSON 3

Question 1

The PESTEL framework ignores unemployment levels.

Accepted Answer

False

Question 2

Which of the following is a social factor in PESTEL analysis?

Accepted Answer

Population demographics

Question 3

Which of the following is NOT a technological factor?

Accepted Answer

Labour union laws

Question 4

Employment law is part of which PESTEL category?

Accepted Answer

Legal

Question 5

Government regulations on emissions fall under environmental factors.

Accepted Answer

True

Question 6

Which of the following is an economic factor in PESTEL?

Accepted Answer

GDP growth rate

Question 7

The rise of artificial intelligence in business is a:

Accepted Answer

Technological trend

Question 8

Political unrest in a country can affect business operations and market entry strategies.

Accepted Answer

True

Question 9

Which institution typically influences political factors?

Accepted Answer

Government

Question 10

Political stability in a country affects:

Accepted Answer

Business investment decisions

Question 11

Which is a growing environmental concern for businesses?

Accepted Answer

Climate change

Question 12

Social factors only affect nonprofit organizations.

Accepted Answer

False

Question 13

Exchange rates have no impact on global businesses.

Accepted Answer

False

Question 14

Health consciousness trends can influence consumer behavior.

Accepted Answer

True

Question 15

Religion and cultural values in marketing are influenced by:

Accepted Answer

Social factors

Questions 15