BUSI 101_Week 2_Short

BUSI 101_Week 2_Short

University

15 Qs

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BUSI 101_Week 2_Short

BUSI 101_Week 2_Short

Assessment

Quiz

Science

University

Practice Problem

Medium

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Asli Ipekli

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of environment mentioned in the context of business?

Economic

Technological

Political

Biological

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Measures of economic performance include GDP, GNP, productivity, trade balance, and ________.

A) National debt

B) Inflation

C) Interest rates

D) Exchange rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the technological environment encompass?

Only electronics

Various ways firms create value

Only telecommunications

Only processing systems.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one way successful companies respond to external challenges?

By ignoring them

By redefining traditional organizational boundaries

By increasing prices

By reducing workforce.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The external environment of an organization includes various distinct environments. Which of the following is one of them?

Economic conditions

Employee preferences

Internal policies

Office layout

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: The external environment includes ethical and social responsibility concerns, the business environment itself, and other ______ challenges.

outdated

emerging

past

resolved

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a factor of the economic environment?

Rate of technological innovation

Rate of economic growth

Cultural diversity

Political stability

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