STEEPLE Flashcards

1
Q

ALL STEEPLE FACTORS

A

Social
Technological
Economic
Environment
Political
Legal
Ethical

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2
Q

SOCIAL FACTORS AFFECTING BUSINESSES

A

~Cultural norms and expectations
~Health consciousness
~Population growth rates
~Age distribution
~Career attitudes
~Health and safety

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3
Q

TECHNOLOGICAL FACTORS AFFECTING BUSINESSES

A

~Production techniques
~Information and communication resources
~E commerce technology
~Logistics
~Marketing

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4
Q

ECONOMIC FACTORS AFFECTING BUSINESSES

A

~Interest rates
~Exchange rates
~Inflation
~Unemployment
~Wage rates
~Supply and Demand

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5
Q

ETHICAL FACTORS AFFECTING BUSINESSES

A

~Human rights
~Environmental factors
~Health and Safety
~Equality
~Discrimination

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6
Q

POLITICAL FACTORS AFFECTING BUSINESSES

A

~Changes in minimum wage
~Changes in corporation tax
~Regulations
~Tariffs

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7
Q

LEGAL FACTORS AFFECTING BUSINESSES

A
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