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Business environment

QuestionAnswer
What does STEEPLE stands for? Social Technological environmental ethical political legal economic
what is business environment? everything that affects how business works
what is SWOT analysis? simple tool used by business to analyse their internal strength, weaknesses, opportuniies and threat
whats the diff btween the focus of swot and steeple? steeple focus on external factors swot focus on bith internal and external
why is decision making important in business? solves problems improves efficiency helps achieve goals manager risks supports growth
type of business decisions? strategic decisions tactical decisions operational decisions
Created by: user-1944436
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