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A PEST analysis is conducted on which of the following environments of a company? (2 marks)
Suggested Answer: A
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28 comments · newest first
AR
Arlette
11 months ago
I thought it included historical stuff too, but I guess not!
KR
Kristel
11 months ago
PEST stands for Political, Economic, Social, and Technological, right?
PE
Penney
12 months ago
Wait, is it really just external? What about internal influences?
FR
Frederick
12 months ago
Totally agree, external factors are key in PEST.
MA
Magnolia
1 year ago
It's definitely about the external environment!
NI
Nieves
1 year ago
I’m confused because I thought PEST could also touch on historical contexts, but that doesn’t seem to fit the options here.
OL
Olive
1 year ago
I practiced a question like this before, and I believe PEST is definitely not about internal factors. So, I’d lean towards external as well.
RO
Rossana
1 year ago
I’m not entirely sure, but I remember something about it being related to the external environment. Maybe it’s option A?
PA
Pamella
1 year ago
I think a PEST analysis focuses on external factors, right? It’s about the political, economic, social, and technological environments.
OR
Oren
1 year ago
The key here is that a PEST analysis specifically examines the political, economic, social, and technological factors, so the external environment is the right choice.
GI
Gianna
1 year ago
Hmm, I'm a bit confused on the difference between internal and external environments. I'll have to think this one through carefully.
KR
Kristel
1 year ago
I'm pretty sure a PEST analysis looks at the external environment, so I'll go with option A.
AL
Alline
1 year ago
I remember learning about PEST analysis in class, and it's definitely focused on the broader external factors that can impact a company. I'll select A.
YV
Yvonne
2 years ago
I'm feeling lucky. Let's go with D) Political. Gotta keep those politicians on their toes!
NA
Nan
2 years ago
You're right, we should consider political factors in our analysis to stay informed.
AL
Alethea
2 years ago
Actually, a PEST analysis does include political factors, so D) Political is a valid option.
CA
Catarina
2 years ago
I think a PEST analysis focuses on the external environment, so it's not political.
LA
Lai
2 years ago
External, of course. PEST stands for Political, Economic, Social, and Technological. Duh!
AL
Alisha
2 years ago
B) Internal
EL
Elvis
2 years ago
Exactly, PEST analysis focuses on the external environment of a company.
AL
Alona
2 years ago
A) External
DA
Dacia
2 years ago
I think it's important to consider both internal and external factors for a comprehensive analysis.
BR
Britt
2 years ago
I agree with Lizette, it helps to analyze the political, economic, social, and technological factors affecting the company.
BR
Brittani
2 years ago
A PEST analysis? That's like a political weather report for businesses, right? I'm going with A) External.
IS
Isreal
2 years ago
That's correct! It helps businesses understand the external factors that may impact their operations.
FR
Francesco
2 years ago
I think it also includes factors like economic, social, and technological influences.
GL
Glendora
2 years ago
Yes, you're right! A PEST analysis looks at the external environment of a company.
LI
Lizette
2 years ago
A PEST analysis is conducted on the external environment of a company.