In Order to Make Sense of the External Environment We

question 7

Multiple Choice

In order to make sense of the external environment we use a framework known as PESTLE. PESTLE stands for the:

• A) Production, Economic, Social, Technological, Legal, and Ecological environments.
• B) Political, Economic, Social, Technological, Legal, and Ecological environments.
• C) Political, Economic, Systematic, Territorial, Legal, and Ecological environments.
• D) Psychological, Economic, Sociological, Technological, Lifestyle, and Ecological environments.

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Definitions:

Population Variances

Statistical measures that quantify the spread or dispersion within a set of population data values.

Antioxidants

Substances that can prevent or slow damage to cells caused by free radicals, often found in fruits and vegetables.

Pooled Proportion Estimate

A method used to estimate a common proportion by combining the sample proportions from different samples into a weighted average.

Proportion of Successes

It's the ratio of the number of successful outcomes to the total number of attempts or trials in a given experiment or set of data.