Which of the following is NOT one of the dimensions represented by the acronyms PEST and STEEP, often used to characterize the external or general environment? O Socio-cultural O Economic O Elemental O Technological

Which of the following is NOT one of the dimensions represented by the acronyms PEST and STEEP, often used to characterize the external or general environment? O Socio-cultural O Economic O Elemental O Technological

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Which of the following is NOT one of the dimensions represented by the acronyms PEST and
STEEP, often used to characterize the external or general environment?
Socio-cultural
Economic
O Elemental
O Technological

Expert Solution

Step 1

Both large & small company owners ought to perform various analyses. There are numerous ways, which enable to complete around the company current state before creating an informed conclusion. these are- STEEP, STEEPLE, and PEST are employed by individuals & companies to recognize inside or outside aspects that can enormously influence an organization.

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