Question 1

AstroMine Inc. is a commercial space exploration company preparing to extract rare earth metals from near-Earth asteroids. The United Nations is currently drafting a new treaty that will heavily tax off-world resource extraction to fund global climate initiatives. Under which category of the PESTEL framework does this specific development primarily fall?

Accepted Answer

Analyze the core nature of the constraint. A 'treaty' that mandates a 'tax' is a legislative/legal framework that the company must comply with.

Question 2

What mistakes do candidates make on this ACCA question?

Accepted Answer

Choosing Environmental because the funds are for climate, or Political because it's the UN. Always focus on the direct mechanism affecting the firm.

How to approach this question

Full Answer

Common mistakes

Practice the full ACCA BT — Business & Technology Practice Exam 6

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