ExpertACCA · Question 47 · The business organisation and its external environment
SECTION B - SCENARIO 1 (Syllabus A)
'AquaHarvest' is a multinational offshore aquaculture firm farming kelp. Recently, they have faced several external pressures:
Task 1: A new international maritime treaty restricts farming in certain ocean zones.
Task 2: A highly funded and vocal environmental NGO is demanding changes to AquaHarvest's harvesting methods.
Task 3: The central bank has increased interest rates, making AquaHarvest's debt more expensive.
Task 4: A massive synthetic biology firm has just announced a cheaper, lab-grown alternative to kelp.
Which of the following correctly maps these four tasks to their respective business environment frameworks?
SECTION B - SCENARIO 1 (Syllabus A)
'AquaHarvest' is a multinational offshore aquaculture firm farming kelp. Recently, they have faced several external pressures:
Task 1: A new international maritime treaty restricts farming in certain ocean zones.
Task 2: A highly funded and vocal environmental NGO is demanding changes to AquaHarvest's harvesting methods.
Task 3: The central bank has increased interest rates, making AquaHarvest's debt more expensive.
Task 4: A massive synthetic biology firm has just announced a cheaper, lab-grown alternative to kelp.
Which of the following correctly maps these four tasks to their respective business environment frameworks?
Answer options:
1: PESTEL (Political), 2: Mendelow (Keep Satisfied), 3: Fiscal Policy, 4: Porter's (Threat of New Entrants)
1: PESTEL (Legal), 2: Mendelow (Key Player), 3: Monetary Policy, 4: Porter's (Threat of Substitutes)
1: PESTEL (Environmental), 2: Mendelow (Keep Informed), 3: Fiscal Policy, 4: Porter's (Competitive Rivalry)
1: PESTEL (Legal), 2: Mendelow (Minimal Effort), 3: Monetary Policy, 4: Porter's (Supplier Power)
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