Describe what the five PESTE factors are and give an example of each one.
What will be an ideal response?
Political, economic, social, technological, and ecological/environmental. Examples: change in regulations, recession, increased demand for a diverse workforce, global warming, and trends toward corporate responsibility
You might also like to view...
Heredity may account for as much as 75% of all obesity.
Answer the following statement(s) true (T) or false (F)
Dell's factories can assemble a complete PC in three minutes. With a build-to-order strategy at the heart of its business model, Dell's sales staff maintains close ties with customers
This approach represents which aspect of the Porter's five forces model? A) rivalry among competitors B) bargaining power of buyers C) threat of substitute products D) threat of new entrants E) bargaining power of suppliers
Holly had an idea for improving the process of recording invoices. When she told her boss about her idea, he told her it was a good idea but the department would stick with the old system. When she asked why they could not change to the new system, her boss would only say, “We have always done it this way and it makes sense to us.” This is an example of the ______ level of culture.
A. behavior B. values and beliefs C. assumptions D. objective
Wayne helped Hank study all night for an important exam. After Hank got an "A" on the exam, he told Wayne, "I will give you $10 for helping me get a good grade." Wayne said, "Thanks, I'll take it." There is:
A) no contract because there is no mutual assent. B) no contract because there is no valid consideration. C) no contract because $10 is reasonably inadequate consideration. D) a contract with sufficient consideration.