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    The document discusses STEEPLE analysis, a framework for analyzing the external business environment. It examines social, technological, economic, environmental, political, legal, and ethical factors. Understanding the opportunities and threats within these external factors is important for businesses to respond to changes and maximize advantages while minimizing disadvantages for stakeholders. The document provides definitions and explanations of each STEEPLE factor and how changes in these external elements can impact a business.

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    The document discusses STEEPLE analysis, a framework for analyzing the external business environment. It examines social, technological, economic, environmental, political, legal, and ethical factors. Understanding the opportunities and threats within these external factors is important for businesses to respond to changes and maximize advantages while minimizing disadvantages for stakeholders. The document provides definitions and explanations of each STEEPLE factor and how changes in these external elements can impact a business.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    79 views3 pages

    Dach B M Unit 1

    Uploaded by

    api-505775092
    The document discusses STEEPLE analysis, a framework for analyzing the external business environment. It examines social, technological, economic, environmental, political, legal, and ethical factors. Understanding the opportunities and threats within these external factors is important for businesses to respond to changes and maximize advantages while minimizing disadvantages for stakeholders. The document provides definitions and explanations of each STEEPLE factor and how changes in these external elements can impact a business.

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    © All Rights Reserved
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    of 3

    Business Organization & Environment

    unit 1.5 External environment

    As you read your textbook, complete the reading note-sheet.

    STEEPLE analysis
    Definition: Explanation:

    Purpose: Example [Find a news article that best uses the economic
    concept/theory/subject]:

    Analysis + [pro/strengths/advantages/stakeholder]: Analysis - [con/weaknesses/disadvantages/stakeholder 2]:


    Opportunities
    Definition: Explanation [how/why]:

    Threats
    Definition: Explanation [how/why]:
    Impact of changes in any of the STEEPLE factors

    S _________________________

    T _________________________

    E _________________________

    E _________________________

    P _________________________

    L _________________________

    E _________________________

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