Business first 10

Business first 10

12th Grade

10 Qs

quiz-placeholder

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Business first 10

Business first 10

Assessment

Quiz

Arts

12th Grade

Practice Problem

Hard

Created by

DaMi undefined

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are external factors in business?

Internal factors that only affect employee morale

Company policies that are unrelated to market conditions

External factors in business are elements outside an organization that influence its performance, such as economic conditions, competition, regulations, and social trends.

Historical data that has no impact on current performance

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do economic conditions affect business operations?

Economic conditions significantly impact business operations by affecting consumer demand, costs, and investment opportunities.

Economic conditions have no effect on business operations.

Business operations are solely determined by company policies.

Economic conditions only influence employee morale.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does government policy play in business decisions?

Government policy has no effect on business decisions.

Government policy is solely focused on taxation without affecting operations.

Government policy only influences employee morale.

Government policy shapes the regulatory environment, impacting operational costs and strategic decisions.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can social trends influence consumer behavior?

Social trends have no impact on consumer behavior.

Social trends only affect businesses, not consumers.

Consumer behavior is solely influenced by advertising.

Social trends influence consumer behavior by shaping preferences, values, and purchasing decisions.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact does technology have on business strategies?

Technology is irrelevant to business growth.

Technology has no effect on business strategies.

Technology significantly influences business strategies by driving efficiency, innovation, and adaptability.

Technology only increases costs for businesses.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do competitive forces shape market dynamics?

Competitive forces shape market dynamics by influencing pricing, product quality, and innovation.

Market dynamics are solely determined by government regulations.

Pricing is unaffected by competitive forces.

Competitive forces only affect employee morale.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of environmental factors for businesses?

Environmental factors are irrelevant to business growth.

Environmental factors solely determine employee salaries.

Environmental factors are crucial for businesses as they affect operations, compliance, and sustainability.

Environmental factors only impact marketing strategies.

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