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Buissness management quiz

What does STEEPLE stand for?
Social, Technological, Economic, Environmental, Political, Legal and Ethical
Strength, Threat, Easy, Entertainment, Pricy, Long, Expensive
STEEPLE factors can present both __________ and ____________ for businesses
Opportunities and Threats
Inputs and Outputs
Why is STEEPLE analysis useful?
It helps to examine the advantages and disadvantages of a decision for any business
It helps to make short term profits
Reduced unemployment and A healthy international trade balance are examples of:
Political opportunities and threats
Economic opportunities and threats
Demographics is a:
Environmental factor
Social factor
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