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ST3BA2-1

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Question 1 of 5

What does the P in PESTLE analysis stands for?

Political

Pricing

Problems

Pestle

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

FALSE

TRUE

Drag and drop the words into the correct gaps.

employeesaimsclearmarketexternal

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?

Technology

Organisational structure

Management

Human resource

Legal

Competition

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

Management

Competition

Legal

Human resource

Organisational structure

Technology

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