QUESTION 2 [12 MARKS] As a business owner of Reaipereka Pty Ltd, that supplies government schools with vegetables, your business has been impacted by the constantly changing business landscape. The PEST framework is a tool used to evaluate the external environment to a business. List and define the four (4) components of the PEST framework. Use relevant examples to demonstrate understanding of the environment you operate in. (12 marks)

QUESTION 2 [12 MARKS] As a business owner of Reaipereka Pty Ltd, that supplies government schools with vegetables, your business has been impacted by the constantly changing business landscape. The PEST framework is a tool used to evaluate the external environment to a business. List and define the four (4) components of the PEST framework. Use relevant examples to demonstrate understanding of the environment you operate in. (12 marks)

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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