10 Business - Start-Up 01

Which of the following is considered a political factor in PEST analysis?

• Technological innovations
• Government policies and regulations
• Consumer preferences
• Economic growth rates

What does PEST analysis help businesses understand?

• The internal structure of the organization
• The external environment in which they operate
• The financial performance of the company
• The marketing strategies of competitors

In the context of PEST analysis, what do economic factors include?

• Cultural trends and demographics
• Inflation and interest rates
• Technological advancements
• Government stability

What is the primary focus of technological factors in PEST analysis?

• Economic growth
• Advancements and innovations
• Government regulations
• Consumer behavior and attitudes

Which of the following best describes Maslow's Hierarchy of Needs?

• A theory focused solely on financial incentives
• A pyramid depicting levels of human needs
• A framework for analyzing market trends
• A linear model of employee performance

Which level of Maslow's Hierarchy of Needs includes basic survival needs?

• Physiological Needs
• Social Needs
• Self-Actualization Needs
• Esteem Needs

What does Locke's Goal-Setting Theory emphasize?

• The need for constant feedback from peers
• The role of financial incentives in motivation
• Setting specific and challenging goals to motivate individuals
• The importance of teamwork in achieving goals

What is the primary purpose of feedback in goal-setting theory?

• To evaluate employee performance
• To ensure goals are achievable
• To enhance commitment and motivation
• To establish a competitive environment

According to Herzberg's Two-Factor Theory, what are hygiene factors?

• Factors that enhance employee creativity
• Motivators that drive individuals to excel
• Basic needs that must be met to avoid dissatisfaction
• Elements that lead to job satisfaction

Which of the following is a characteristic commonly associated with entrepreneurs?

• Conformity to traditional business practices
• Risk-taking and creativity
• Preference for stable employment
• Focus on short-term profits