
Financial Planning II 4.01
Authored by Margaret Lewis
Business
12th Grade
Used 5+ times

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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Every new business owner must pay attention to forces operating outside the company that affect its chances for success. These forces are referred to as:
the external environment
cultural intelligence
demographics
competition
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sara is looking for a roofing company that has performed well in her area. A consumer-action agency that she should contact is the:
Better Business Bureau
National Business Forum
Federal Housing Finance Agency
Environmental Protection Agency
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Volcano Fire, an electronic cigarette company, spends a large part of its revenues contacting state and federal legislators, trying to influence industry laws and policies. This is known as:
lobbying
budgeting
political scam
self-promotion
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Outside factors that affect a business, such as political representatives and social trends, are considered to be:
cyclical
dynamic
invasive
static
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does technology affect a business's customers?
It makes them spend more money
It influences what they want and need
It emphasizes certain cultural differences
It distracts them from making informed buying decisions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When an economy is struggling, consumers are less likely to make discretionary purchases. Which is an example of a discretionary item?
food
clothing
vacation
medical care
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business environment provides the most options for consumers?
monopoly
common economy
global competition
international sanctions
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