Agile Business Analysis Practice Exam 2026 - Free Agile Business Analysis Practice Questions and Study Guide

The PESTLE analysis technique specifically examines the external factors that can impact a business by categorizing these influences into six key areas: Political, Economic, Social, Technological, Legal, and Environmental. This structured approach allows organizations to understand the broader landscape in which they operate, enabling them to identify opportunities and threats that stem from external conditions.

By analyzing these factors, businesses can make more informed strategic decisions that align with the current and anticipated environment. For instance, understanding legal changes can help in compliance and leveraging new market opportunities, while being aware of technological advancements may spur innovation.

Other techniques mentioned, while valuable in their own right, do not focus exclusively on external influences. For example, SWOT analysis considers both internal strengths and weaknesses alongside external opportunities and threats; Value Chain analysis looks at internal activities to create value; and Resource Audit primarily focuses on assessing internal assets and capabilities. Hence, the specificity of PESTLE in addressing external factors makes it the most suitable choice for this question.