Which of the Following Is Not One of the Principal

question 127

Multiple Choice

Which of the following is not one of the principal components of strategic significance in the PESTEL analysis?

• A)political factors including the extent to which government intervenes in the economy
• B)economic conditions that include the general economic climate and specific factors such as interest rates, inflation rate, and unemployment rate, as well as conditions in the stock and bond markets that can affect consumer confidence
• C)sociocultural forces that include societal values, attitudes, cultural factors, and lifestyles that impact business
• D)technological factors that include the pace of change and technical developments that have the potential for impacting society
• E)environmental forces that include the competitive structure, the degree of industry fragmentation, and the mobility barriers that inhibit business

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Definitions:

Attention Spans

The length of time a person can concentrate on a task without becoming distracted.

Kohlberg's Theory

A psychological framework proposed by Lawrence Kohlberg that outlines the stages of moral development in individuals.

Moral Development

The process through which individuals develop proper attitudes and behaviors towards other people in society, based on social and cultural norms, laws, and personal beliefs.

Pre-conventional Level

A stage in moral development where an individual's ethical reasoning is primarily based on self-interest and the consequences of actions.