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Business Studies

Technological Environment

What does the...

Question

What does the acronym STEEP mean?

A

Sociological, Technological, Economical, Environmental and Political

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B

Suppliers, Technology conditions, Ecology and physical environment, Political and legal

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C

Employees and Political legal

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D

Shareholders

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Solution

The correct option is A Sociological, Technological, Economical, Environmental and Political
STEEP is an acronym that means socio-cultural and demographics, Technology, Economic conditions, Ecology and physical environment, Political and legal

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