Global Business Environment 1

What does the Global Business Environment (GBE) refer to?

• External forces influencing businesses within a single country

• Internal management policies

• External forces influencing international business operations

• Employee satisfaction strategies

Which of the following is an example of a factor in the Global Business Environment?

• Employee motivation

• Local suppliers

• Technological advancements

• Office culture

Which type of factors are emphasized in the GBE module?

• Financial market growth

• Technological, political, economic, and cultural influences

• Advertising strategies

• Internal HR policies

Which element is part of the Micro Business Environment?

• Competitors

• Currency exchange rates

• Government policies

• Environmental conditions

What business environment involves multiple sovereign nations?

• Local Business Environment

• Regional Business Environment

• Global Business Environment

• Micro Business Environment

Which of the following is NOT an element of the Macro Environment?

• Economic

• Cultural

• Technological

• Competitors

What is one of the challenges of operating in a Global Business Environment?

• Employee motivation

• Language barriers

• Product differentiation

• In-house staff training

Which of the following skills does the GBE module help develop?

• Marketing campaign creation

• Research, critical analysis, and communication

• Product assembly

• Accounting and bookkeeping

What are the assessments for the GBE module?

• Presentation on internal factors

• Exam on economic policies

• CW1 and CW2 assignments

• Team-building activity

What is the primary focus of the GBE module?

• Understanding the internal workings of a company

• Examining external factors that affect global business operations

• Learning about accounting practices

• Developing manufacturing processes