External Influences on Business
Authored by Kylie Hattenfels
Other
11th Grade
Used 43+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fluctuations in consumer spending effects the revenue of businesses.
Economic
Financial
Geographic
Market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Laws regarding taxation, environment, competition, consumers, employment and workplace safety effect businesses.
Political
Legal
Technological
Finacial
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Change of government from elections bring different policies which can impact businesses.
Institutional
Markets
Technological
Political
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Regulatory bodies, trade unions and employer associations create rules that businesses must follow.
Institutional
Social
Markets
Competitive Situation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Robotics, online communication and e-commerce can have a positive or negative affect on businesses.
Social
Markets
Technological
Competitive Situation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest rates and access to finance can impact a business wanting to expand.
Geographic
Social
Political
Financial
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Oligopolies make it difficult for new businesses to enter the market.
Competitive Situation
Legal
Social
Markets
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