What is the full form of "PEST"?
A. Product Exchange Security Target
B. Potential Economic Social Trading
C. Political Economic Social Technological
D. Political Economic Security Technology
Answer: Option C
Solution(By Examveda Team)
"PEST" stands for Political Economic Social and Technological. PEST Analysis (political, economic, social and technological) is a management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market. As described by the acronym, those four areas are central to this model.Related Questions on Marketing Abbreviations
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A. Value of Credit
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C. Visualized Optional Commodity
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What is the full form of "VAT"?
A. Valuable Total Asset
B. Value Added Tax
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What is the full form of "TMV"?
A. True Market Value
B. Total Market Value
C. Target Multiplied Variable
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