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Business Environment Quiz - Year 11 U1T2 Start

Authored by Mr Collie

Business

11th Grade

Used 2+ times

Business Environment Quiz - Year 11 U1T2 Start
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19 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three environments that a business operates in?

Social, Economic, Political

Internal, External Operating, External Macro

Local, National, International

Economic, Social, Technological

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important for a business to respond to changes in its environments?

To maintain competitive advantage

To increase employee satisfaction

To reduce production costs

To improve customer service

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a part of the external business environment?

Internal environment

Operating environment

Financial environment

Marketing environment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two components of the external environment in a business?

Internal and External

Operating and Macro

Financial and Marketing

Internal and Macro

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What are the three types of environments depicted in the diagram?

Internal environment, External operating environment, External macro environment

Internal environment, External micro environment, External macro environment

Internal environment, External operating environment, External micro environment

Internal environment, External macro environment, External micro environment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which of the following is a component of the internal environment?

External stakeholders

Organisational culture

Market trends

Economic conditions

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What role do employees play in the internal environment?

They are part of the external environment.

They influence organisational culture.

They determine market trends.

They set economic conditions.

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