Question: Direction: Read each statement and classify which among the answer is correct or not. Write TRUE if the statement is CORRECT and if not, FALSE.

Direction: Read each statement and classify which among the answer is correct or not. Write TRUE if the statement is CORRECT and if not, FALSE. 1. The PESTEL framework categories environmental influences into six main types: Political, Economic, Social, Technological, Environmental, Lifestyle 2. Legal factors: these are related to the legal environment in which firms operate. In recent years in the UK there have been many significant legal changes that have affected firms' behavior. 3. Consumer laws: these are aimed at protecting small firms against bullying by larger firms and ensuring customers are not exploited by firms with monopoly power

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