Attempt this PESTEL analysis quiz questions and answers and check your knowledge regarding business marketing. In business analysis, a PESTEL analysis is an abbreviation for a tool used by marketers for identifying the macro-environmental forces facing an organization. Do you know what does it stand for? Let's check it out with this quiz. So, what are you waiting for? Play the quiz, try to attempt all the questions, and then see your result. Best of luck, dear!
PEST Analysis
SWOT Analysis
Case Analysis
Political, Economic, Social, Technological, Environmental, and Legal
Political, Strength, Economic, Technological, Environmental, and Legal
Political, Strength, Economic, Threat, Environmental, and Legal
Economic growth
Interest rates
Trade restrictions and tariffs
Career attitudes
R&D activity
Environmental regulations
Economic Factors
Political Factors
Social Factors
High level of expertise in manufacturing process engineering.
Efficient distribution channels
Access to leading scientific research
Cost leadership Strategy
Differentiation Strategy
Focus Strategy
Cost leadership Strategy
Differentiation Strategy
Focus Strategy
True
False
Concentration Ratio
Market Ratio
Competition Ratio
The industry is concentrated
The industry is characterized by many rivals
The industry is close to a monopoly
True
False
Monopoly
Monopsony
Monomarket
Government
Patents and Propriety knowledge
Asset specificity
None of the above
Patented of propriety know-how
Difficulty in brand switching
Restricted distribution channels
All of the above
Price
Innovation
Technology
Business unit level
Market level
Competitor’s level
Mission statement
Vision statement
Objective statement
Financial objective
Strategic objective
Business objective
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