Question

Which of the following is not a valid framework for collecting, organizing and critically analyzing economic or business decisions? Question 9 options: Cultural Distance, Administrative Distance, Geographic Distance, Economic Distance (CAGE) Political, Economic, Social, Technological (PEST) Strengths, Weaknesses, Opportunities, Threats (SWOT) Social Media, Hyperlinks, Intuition-only, Technological Overreliance (SHIT)

Answer 1

Answer is Social Media, Hyperlinks, Intuition-only, Technological Overreliance (SHIT)

All the other 3 are valid framework for collecting, organizing and critically analyzing economic or business decisions

CAGE (Cultural Distance, Administrative Distance, Geographic Distance, Economic Distance) is used to understand patterns of trade, capital, information, and people flows.

PEST Analysis is a measurement tool which is used to assess markets for a particular product or a business at a given time frame.

SWOT analysis is a framework used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats.