What are some key things that happen during a BOOM period in a business?

unemployment levels are at a high

production of products will be at a low

Test

Influences in the Business Environment

michellebasson 9 preguntas

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1The Business environment refers to the every changing surrounding conditions in which the business operates
1. AVerdadero
2. BFalso
2Which of these are EXTERNAL factors?
1. Agovernment policy
2. Btechnology
3. Ceconomic conditions
4. Dsocial attitudes
5. Eproducts
6. Flocation
7. Gresources
8. Hmanagement
3which of these are INTERNAL factors?
1. Aproducts
2. Blocation
3. Cresources
4. Dmanagement
5. Egovernment policy
6. Ftechnology
7. Geconomic
8. Hsocial attitudes
4A business has lots of control over an internal factor
1. AVerdadero
2. BFalso
5A business has a small amount of control over external factors
1. AVerdadero
2. BFalso
6During a RECESSION, consumers become less wary of their spending
1. AVerdadero
2. BFalso
7During a BUST period unemployment levels rise
1. AVerdadero
2. BFalso
8What are some key things that happen during a BOOM period in a business?
1. AIncreased profits
2. Bemployment levels rise
3. Cincreased economic growth
4. Dunemployment levels are at a high
5. Eproduction of products will be at a low
9Deregulation means a reduction in government intervention in the financial system and an end to credit, interest and exchange rate controls.
1. AVerdadero
2. BFalso

Descripción: Test sobre Influences in the Business Environment, creado por michellebasson el 25/04/2014.
Autor: michellebasson
Idioma: English
Visitas: 286
Etiquetas: business environment financial setting up a business studies economic social legal political
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