Influences in the Business Environment

Descripción

Test sobre Influences in the Business Environment, creado por michellebasson el 25/04/2014.
michellebasson
Test por michellebasson, actualizado hace más de 1 año
michellebasson
Creado por michellebasson hace alrededor de 10 años
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Resumen del Recurso

Pregunta 1

Pregunta
The Business environment refers to the every changing surrounding conditions in which the business operates
Respuesta
  • True
  • False

Pregunta 2

Pregunta
Which of these are EXTERNAL factors?
Respuesta
  • government policy
  • technology
  • economic conditions
  • social attitudes
  • products
  • location
  • resources
  • management

Pregunta 3

Pregunta
which of these are INTERNAL factors?
Respuesta
  • products
  • location
  • resources
  • management
  • government policy
  • technology
  • economic
  • social attitudes

Pregunta 4

Pregunta
A business has lots of control over an internal factor
Respuesta
  • True
  • False

Pregunta 5

Pregunta
A business has a small amount of control over external factors
Respuesta
  • True
  • False

Pregunta 6

Pregunta
During a RECESSION, consumers become less wary of their spending
Respuesta
  • True
  • False

Pregunta 7

Pregunta
During a BUST period unemployment levels rise
Respuesta
  • True
  • False

Pregunta 8

Pregunta
What are some key things that happen during a BOOM period in a business?
Respuesta
  • Increased profits
  • employment levels rise
  • increased economic growth
  • unemployment levels are at a high
  • production of products will be at a low

Pregunta 9

Pregunta
Deregulation means a reduction in government intervention in the financial system and an end to credit, interest and exchange rate controls.
Respuesta
  • True
  • False
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