WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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innovations in transportation
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new methods of advertising
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increasing immigration
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increased government regulations
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Detailed explanation-1: -A PEST analysis covers four elements: political, economic, social and technological factors.
Detailed explanation-2: -Option “C” is correct i.e. competitor activity The factor competitor analysis should not be included in Pestle analysis. A PESTLE analysis is a context to analyze the key factors (Political, Financial, Sociological, Technical, Legal, and Environmental) manipulating an organization from the outside.
Detailed explanation-3: -Answer and Explanation: Marketing budget is not part of the external analysis. An external analysis focuses on the external environment and how it affects the business. An analysis helps a business identify the threats and external opportunities in the market.
Detailed explanation-4: -For example, the utility industry is a natural monopoly. The utility monopolies provide water, sewer services, electricity transmission, and energy distribution such as retail natural gas transmission to cities and towns across the country.