What is a P.E.S.T analysis? What are the factors studied in a P.E.S.T analysis?

What will be an ideal response?


A P.E.S.T analysis studies the effect of environmental forces on the market. It studies the impact of the following
forces on a market:

Business

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According to expectancy theory, ______ is important in a benefits package because it gives employees the benefits that are of value to them.

A. rigidity B. flexibility C. experience D. rating

Business

The first step in the personal-selling process is prospecting and ________.

Fill in the blank(s) with the appropriate word(s).

Business

The relative worth of a job evaluated using the point manual is determined by

A. benchmark jobs contained in the point manual. B. the wage mix. C. the number of steps within the pay grade. D. the total points that have been assigned to that job.

Business

If an at-will employee is fired for refusing to commit an unethical act, the termination may be in violation of public policy

a. True b. False Indicate whether the statement is true or false

Business