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SingaporeBusiness ManagementQuick questions

The Business Environment

Quick questions on PESTEL and the external environment explained: H2 Management of Business

3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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Identify the PESTEL category each of the following belongs to: a new minimum-wage law; an ageing population; a rise in interest rates. [3 marks]
What is q2?
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Explain how a technological force could be both an opportunity and a threat to the same firm. [4 marks]
What is q3?
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Analyse why simply completing a PESTEL analysis does not guarantee good strategic decisions. [6 marks]

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