Multiple Choice
When unemployment rises, discretionary income plummets. That hurts businesses selling costly but non-essential goods. This example represents the _____ segment of PESTEL analysis.
A) political
B) economic
C) social
D) technological
E) environmental
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q44: The purpose of Porter's five forces analysis
Q45: Suppliers are more likely to be powerful
Q46: Michael Porter's five forces analysis is an
Q47: Suppliers are more likely to be powerful
Q48: New entrants are more likely to join
Q50: When a buyer decides to enter its
Q51: Rivalry tends to be fierce among an
Q52: How is the strategic groups analysis different
Q53: Why is understanding the nature of strategic
Q54: Viable substitutes are available in all industries.