Question

What is an example of a force impacting a business in a PESTEL analysis?

(1 point)
Responses

cashflow constraints in the business’s finance department

cashflow constraints in the business’s finance department

bargaining power of the business’s union

bargaining power of the business’s union

restrictions on development by an environmental agency

restrictions on development by an environmental agency

internal business structure’s efficiency of operations

Answer 1

An example of a force impacting a business in a PESTEL analysis is **restrictions on development by an environmental agency**. PESTEL analysis examines external factors that can influence a business, and environmental regulations fall under the "Environmental" category.