Quiz
Q/A - ENVIRONMENTS
Create a free account to finish this quiz
Save your progress and see your final score.
Already have an account? Sign in
Questions in this quiz (13)
1What is a business organization?
- AA system that turns inputs into goods and services.
- BA system that turns inputs into marketing and revenue.
2An environment is everything that surrounds a system.
- ATrue
- BFalse
3Macro environment: factors that affect the organization directly.
- ATrue
- BFalse
4Macro environment: factors that are beyond the control of a business organisation, but could still influence its strategic decisions.
- ATrue
- BFalse
5What is PESTEL?
- AA model that examines the external environment and the global factors that may affect a business.
- BA model that examines the internal environment.
6What are the six external influences of a business?
- APolitical
- BSocial
- CEconomic
- DAccounting
- EInvestments
- FTechnological
- GLegal
- HAgriculture
- IEnvironmental
7The political environment refers to institutions on local and national level. Tax policy, trade, tariff controls, stability of the political system.
- ATrue
- BFalse
8The economic environment provides an indication of national prosperity, like unemployment rate, average earnings, saving ratio, customer spending, inflation rate, interest rates..
- ATrue
- BFalse
9Environmental environment: strength of the rule of law, legislation, environmental regulations, consumer protection.
- ATrue
- BFalse
10Environmental environment
- AEnvironmental issues, environmental regulations
- BCustomer values, market values
- CAristocratical
- DEcological
- EManagement style, staff, attitudes, organisational culture, staff engagement
11Issues with PESTEL
- AContinuously changing
- BStatic
12The technological environment refers to technological changes and incentives.
- ATrue
- BFalse
13This factor refers to demographic factors, including population growth rates, cultural aspects, age distribution of population, and changing social behaviours.
- ASocial environment
- BPopulation environment
Information
- Description
- Business/Economics Quiz on Q/A - ENVIRONMENTS, created by Lotte Toven Abrahamsen on 05/10/2020.
- Author
- Lotte Toven Abrahamsen
- Language
- English
- Views
- 0
- Tags
- Rating
- No ratings yet Rate this quiz