Adam is a Black Belt practitioner commissioned to conduct PEST analysis in an organization. What does the S stand for in this type of analysis?

Question

Quizplus · Accepted Answer

The S stands for Social in PEST analysis.
Key Takeaway: Political, Economic, Social, and Technological (PEST) analysis is a type of macro-environmental analysis done in organizations. The purpose of PEST analysis is to determine factors such as tax and environmental laws, economic growth, population growth rate, and climate change. All these factors are important for a business to sustain or expand its operations in a given setting.

Adam Is a Black Belt Practitioner Commissioned to Conduct PEST