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Question

PESTLE Analysis is a part of _________.

A
external environment
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B
micro-environment
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C
macro-environment
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D
internal and micro-environment
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Solution

The correct option is C macro-environment
PESTLE Analysis is a part of macro environment. PESTLE Analysis is regarded as a concept in marketing principles. It can be defined as a strategic management tool or method used in the business environment in order to analyze the effects of macroeconomic factors in the organizational activities.

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