BE - Unit Test 1

BE - Unit Test 1

University

10 Qs

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BE - Unit Test 1

BE - Unit Test 1

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Wencesl Khyllep

Used 2+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the objective of business?

To make money

To have happy customers

To make good products

To have a good brand image

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Environmental factors help us by:

Showing the risks involved in a business

Showing the gaps that exist which we could cater to

Showing the difference between us and our competitors

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Potters 5 Forces Model scans the:

Internal environment

Micro-external environment

Macro-external environment

Competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Suppliers are:

An internal factor

A micro-external factor

A macro-external factor

None of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of an Economic indicator is:

GDP

Interest Rate

Unemployment

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a capitalistic economy is:

India

North Korea

United States of America

China

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of an internal factor is:

Power index

Power game

Power distance

Power sharing

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