Enterprise in the Business World 1

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

• Macro Environment

• External Environment

• Operating Environment

• Internal Environment

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

• Internal

• External

• Macro

• Operating

Which of the following is NOT a government objective

• increasing GDP

• controlling inflation

• increasing unemployment rate

• controlling balance of payments

Which one of the following is NOT an external influence

• Minimum wage laws

• The size of the workforce

• Health and Safety regulations

• Bank interest rates

Which of the following is NOT a part of the internal environment of a business?

• Employees

• Management structure

• Government regulations

• Company culture

What is the term for a period of significant decline in economic activity?

• Boom

• Recovery

• Recession

• Expansion

Which of the following is NOT a typical objective of a government?

• Reducing inflation

• Increasing GDP

• Decreasing employment rate

• Improving balance of payments