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Unit Review No. 2

Authored by Josue Yambao

Business

12th Grade

Used 12+ times

Unit Review No. 2
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29 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Technological factors focuses on information and resources, research and development, and e-commerce.

True

False

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Demographics (i.e., age, family size, gender), opinions, population growth, employment growth and such are considered in the social factors.

True

False

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Political stability, tax reforms, and tariffs are some aspects to consider in the economic factors.

True

False

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In evaluating the economic factors, inflation is one of the primary aspects that businesses look into.

True

False

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

PEST Analysis is a management method whereby an organization can assess major industrial factors that influence its operation in order to become more competitive in the market.

True

False

Answer explanation

It assesses major external factors that influence its operation in order to become more competitive in the market.

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When a business assesses its strengths, it looks deep within itself by identifying the traits that needed to be improved.

True

False

Answer explanation

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Weaknesses stop an organization from performing at its optimum level.

True

False

Answer explanation

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