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Practice ACCA ACCA BT — Business & Technology Practice Exam 2Question 43

Easy1 markMultiple Choice

Syllabus A: The business organisation and its external environmentSyllabus APESTELMacro-environment

ACCA · Question 43 · Syllabus A: The business organisation and its external environment

[Section A] In a PESTEL analysis, an aging population leading to a smaller available workforce is classified under which factor?

Answer options:

Economic

Social (or Socio-cultural)

Political

How to approach this question

Identify where demographic trends fit in the PESTEL acronym.

Full Answer

B.Social (or Socio-cultural)✓ Correct

The 'Social' (or Socio-cultural) component of PESTEL includes demographic trends, population growth rates, age distribution, cultural attitudes, and lifestyle changes. An aging population is a classic demographic/social factor.

Common mistakes

Classifying it as Economic because a shrinking workforce affects wages. The root cause (population age) is Social.

Question 42 All questions Question 44

Practice the full ACCA BT — Business & Technology Practice Exam 2

52 questions · hints · full answers · grading

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