Tag: Professional Accountant

Lucy is carrying out a PESTEL analysis for her employers, Alex plc.

During her research, the ageing of the UKs’ population has become apparent to Lucy as a potentially important strategic issue for the company.

In which section of her analysis should Lucy record this matter?

Select ONE answer:

1. P
2. S
3. T
4. L

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 2

1. Notcorrect
2. Correct  –> Age is a demographic factor that falls under the Social aspect of PESTEL analysis
3. Not correct
4. Not correct

This work is licensed under a Creative Commons Attribution 4.0 International License.

Alex works for Lucy plc.

Alex has been asked by his manager, Bob, to undertake an internal analysis of the company as part of a STRATEGIC planning review.

Which ONE of the following analytical techniques will be useful in this context?

Select ONE answer:

1. Porter’s five forces analysis
2. PESTEL analysis
3. Value Chain Analysis
4. Ansoff’s Matrix

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct –> Options (1) and (2) are methods of analysing the company’s external environment . Option (4) is a means of assessing potential growth strategies of the company.
4. Not correct

This work is licensed under a Creative Commons Attribution 4.0 International License.

Alex works for Lucy plc.

Alex has been asked by his manager, Bob, to undertake an internal analysis of the company as part of a STRATEGIC planning review.

Which ONE of the following analytical techniques will be useful in this context?

Select ONE answer:

1. Porter’s five forces analysis
2. The BCG Matrix
3. PESTEL analysis
4. Ansoff’s Matrix

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 2

1. Notcorrect
2. Correct  –> Options (1) and (3) are methods of analysing the company’s external environment . Option (4) is a means of assessing potential growth strategies of the company.
3. Not correct
4. Not correct

This work is licensed under a Creative Commons Attribution 4.0 International License.