Which of the following PESTEL factors would most directly affect a company's decision to adopt solar panels for its factory?
Answer and explanation
Correct answer: D. Environmental and technological
- Step 1: Solar panels are an environmental choice, reducing emissions.
- Step 2: They rely on technological progress in renewable energy.
- Step 3: Other factors such as subsidies may also play a part.
Answer
Environmental and technological.
Why not the others: Social and legal only: These might have some influence but are not the most direct drivers. Political only: Government policy matters, but environment and technology are the direct factors. Economic only: Costs matter, but environmental and technology considerations are what define the choice.
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