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P3DBA2-1

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Question 1 of 5

What does the P in PESTLE analysis stands for?

Problems

Pestle

Pricing

Political

Is this statement true or false? Setting business aims can help your business outperform competitors.

TRUE

FALSE

Drag and drop the words into the correct gaps.

marketexternalaimsemployeesclear

Setting a strategy with business aims and objectives allows you to look at factors such as new legislation or new competitors entering the . Business objectives are good for too, helping build a culture of collaboration and ensuring everyone buys into the of the business and where it is going.

Which three of these are internal environmental factors in strategic planning?

Competition

Legal

Human resource

Technology

Management

Organisational structure

Which three of these are external environmental factors in strategic planning?

Technology

Human resource

Management

Legal

Competition

Organisational structure

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