Business Environement

Political and legal influences, societal influences, economic conditions, technological issues, and global issues are all part of which environment?

• Internal

• External

• Macro

• Operating

Which of the following is legal environment factor?

• Political party welcome foreign investments in sport and entertainment industry in the country.

• America’s government is spending lavishly to revive manufacturing.

• Saudi Arabia government regulation on working hours.

• Norway government has set an ambitious goal of being carbon-neutral by 2030.

• See increasing involvement of technology in sport, e.g. Scan-at-turnstiles, VAR, etc.

Pick the possible threat for an sportwear company?

• local competitors

• Less customer loyalty

• profit

• counterfeit products

Which of the following characterize the business environment?

• (a) Uncertainty

• (b) Unpredictability

• (c) Aggregative nature

• (d) Complexity

Employees, managers, location and legal business structure are all part of which environment?

• Internal

• External

• Macro

• Operating

The importance of understanding of business environment is signified by :

• coping with rapid changes

• improvement in performance         

• tapping useful resources

• All of above

Influences that come from within the business are in the....

• Macro Environment

• External Environment

• Operating Environment

• Internal Environment

The environment that is made up of broad forces, trends and conditions in the economy and society that the business has not control over is called the

• Macro Environment

• External Environment

• Operating Environment

• Internal Environment

what impact do sports business have on the environment?

Evaluate responses using AI:

OFF

Which ONE refers to negative and unfavourable external factors that are likely to create hurdles for a business?

• Opportunities

• Benefits

• Threats

• None of the above