APM Project Management Qualification (PMQ) Practice Exam

Question: 1 / 400

Which component is NOT part of the PESTLE acronym?

Political

Systemic

The component that is not part of the PESTLE acronym is "Systemic." PESTLE is a strategic analysis tool used to identify and analyze the key external factors affecting an organization. The acronym stands for Political, Economic, Social, Technological, Legal, and Environmental factors. Each component provides insights that help organizations understand the broader context in which they operate.

"Political" factors refer to the influence of government policies and political stability on the organization. "Economic" factors cover economic growth, interest rates, and inflation rates, impacting an organization's market environment. "Social" factors encompass demographic changes, lifestyle shifts, and cultural trends. "Technological" factors deal with innovations and technological advancements that can affect the business landscape. "Legal" factors involve the impact of laws and regulations. Finally, "Environmental" factors pertain to ecological and environmental aspects that may affect operations, such as sustainability practices and climate change considerations.

In contrast, "Systemic" does not align with the established components of PESTLE analysis and hence is considered the element that deviates from the acronym. Understanding the correct components of PESTLE is crucial for effective strategic planning and risk assessment.

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Technological

Environmental

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