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ScotlandBusiness ManagementQuick questions
Understanding Business
Quick questions on Internal and external factors affecting business (PESTEC) - SQA National 5 Business Management
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Identify two internal factors that affect a business. [1 mark]
What is q2?Show answer
Describe how a social factor could affect a fast-food restaurant. [2 marks]
What is q3?Show answer
Explain one effect of a recession on a business. [2 marks]
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