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Byju's Answer
Standard XII
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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