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Which of the following is NOT a component of the PESTEL framework used to analyse the business environment?

easy MCQ 1 mark Class 12 · Business Studies · Business Environment
  1. Political factors
  2. Economic factors
  3. Social factors
  4. Supplier relationships
Answer
Supplier relationships

The correct answer is Supplier relationships — Therefore, supplier relationships is not a PESTEL component.

Step-by-step solution

  1. Recall that PESTEL stands for Political, Economic, Social, Technological, Environmental, Legal.
  2. Recognise that supplier relationships are part of the micro environment, not PESTEL.
  3. Therefore, supplier relationships is not a PESTEL component.
Common mistake: Confusing supplier relationships with stakeholder analysis

Concept tested: PESTEL framework components

Published · How this solution was prepared and checked

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