Business Environment Quiz

Business Environment Quiz

10th - 11th Grade

20 Qs

quiz-placeholder

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Business Environment Quiz

Business Environment Quiz

Assessment

Quiz

Business

10th - 11th Grade

Practice Problem

Hard

Created by

Kimberley van Zyl

Used 65+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The management of the business has ________ the market environment

Full control over

No control over

No control but can influence

Little control

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses can control the effect of trade unions through

Collective bargaining

strikes

Destruction of property

Management control

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses that both sell All Gold Tomato sauce are an example of

Indirect competition

Direct competition

Suppliers

A monopoly

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Investing the business profits at a rate that grows faster than inflation is also known as:

Hedging

Strategic Alliance Agreements

Persuasion of large investors

Acquisitions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A back up plan made in advance I saw known as

An ad hoc plan

A contingency plan

A back up plan

A floor plan

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation

Does not affect the business

Is the general increase in the price of goods and services

Is an increase in the petrol price

Is decided by parliament

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

when people who are blacklisted/unable to get credit at the bank, loan small amounts of money at large interest rates from someone willing to take a higher risk

Microlending

Micro loan

Demographics

Gambling

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