Which of the Following Is NOT One of the Principal

question 79

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 including 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:

Ownership Limitations

Legal or regulatory restrictions placed on the amount or type of media outlets that any one person or entity can own.

Media Regulation

Laws, policies, and guidelines established to control or guide the operation and content of media organizations and platforms.

Federal Communications Commission (FCC)

The U.S. governmental agency that regulates interstate and international communications by radio, television, wire, satellite, and cable.

Regulatory Body

A regulatory body is an organization established by the government to oversee and regulate specific industries, ensuring they comply with legal statutes and standards.