The Micro Environment Pt1

The Micro Environment Pt1

10th - 12th Grade

32 Qs

quiz-placeholder

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The Micro Environment Pt1

The Micro Environment Pt1

Assessment

Quiz

Business

10th - 12th Grade

Practice Problem

Hard

Created by

Sanele Ngema

Used 83+ times

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32 questions

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1.

MULTIPLE SELECT QUESTION

2 mins • 1 pt

The business policy...

defines the scope for decision-making in the business

provides guidelines developed by the business to guide its action

defines the business strategy

consists of the vision, mission, goals and

objectives of the business

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The vision...

is the dream of the business.

outlines the purpose, basic activities and explains the reason why the business exist.

is a short term goal.

3.

MULTIPLE SELECT QUESTION

1 min • 1 pt

A strategy...

is a plan of action that guides management to achieve its objectives

is put in place by management to give the business the competitive advantage

is defined in the business policy

is the dream of the business

4.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

The Business ___________ consists of the different beliefs, expectations, values and attitudes shared within the business.

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Every business must be organised into a basic structure that will show...

each person's tasks

The co-ordination between the various departments

each person's level of authority and responsibility

6.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

______________ is the process of achieving business goals through planning, organising, leading and control (POLC)

7.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

_____________ is the process of inspiring and guiding others to achieve organisational goals

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