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Task 3: Evaluate and address external business environment changesBusiness EnvironmentExternal EnvironmentTask 3
PMP · Question 38 · Task 3: Evaluate and address external business environment changes
A project manager is reviewing the external business environment for a consumer electronics project. <br/><br/>Which TWO factors represent 'Social' external changes? (Select TWO)
A project manager is reviewing the external business environment for a consumer electronics project. <br/><br/>Which TWO factors represent 'Social' external changes? (Select TWO)
Answer options:
A.
Increasing consumer preference for sustainable/eco-friendly products.
B.
A new tax on electronic components.
C.
Advances in battery life technology.
D.
Demographic shift towards an aging population.
E.
Stricter labor laws regarding factory work hours.
F.
Fluctuation in the price of lithium.
How to approach this question
Social = People, Culture, Demographics, Lifestyle.
Full Answer
Social factors in PESTLE include demographics (D) and lifestyle/cultural trends (A). These drive market demand.
Common mistakes
Confusing Social with Legal (Labor laws) or Economic (Prices).
Practice the full PMP Business Environment Domain Practice Exam
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