Applied Economics Quiz

Applied Economics Quiz

12th Grade

10 Qs

quiz-placeholder

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Applied Economics Quiz

Applied Economics Quiz

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

THERY TEOFILO

Used 8+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of environmental scanning?

To analyze competitors

To control internal factors

To identify opportunities and threats affecting the business

To increase government intervention

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factors are controllable by the management?

Internal Environment

Macro Environment

External Environment

Micro Environment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two elements in the external environment?

Internal and External

Micro and Macro

Suppliers and Resellers

Customers and Competition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who can control the success of a business when they hold power?

Suppliers

Customers

Competition

Resellers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do customers drive for businesses?

Competition

Revenues

Suppliers

Resellers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor includes population growth and attitudes of the population?

Political Factors

Technological Factors

Economic Factors

Social Factors

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do technological factors affect management and marketing?

New ways of distributing goods and services

New ways of communicating with target markets

New ways of producing goods and services

All of the above

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