MASTERY TEST 1 (ABM 12) - PM

Mission

• the point of view on your goal

• reason for being

• your goal in the long run

• it exists in business

Strategical plan is

• the ultimate goal of a company

• the end point of a vision

• where the companies define their desired goals in the long run

• focusing on solving problems that have been there for so long.

PEST analysis is one of the useful situation analysis utilized by businessmen to solve business-related problem. what does PEST stand for?

• political, economical, systematic, and technology

• political, economic, social, technological

• political, economic, sociocultural, technological

• political, economic, sociocultural, technology

which one is odd?

• public

• intermediaries

• demographic

• competitors

A culture influences the way a business organization runs. This involves the core beliefs and values that we people have. Who taught us these beliefs and values?

• history

• religion

• parents

• neighbors

A generation that is born between 1965 to 1976 is called _.

• baby boomers

• generation x

• generation z

• millennials

a type of public that refers to anyone who knows about the company is called _.

• local public

• general public

• internal public

• citizen-action public

a type of public that refers to the people within immediate community is called _.

• local public

• internal public

• general public

• government public

Costumers that buys materials for use in the production is called _?

• costumer market

• business market

• reseller market

• global market

Microenvironment includes ...

• everything about business

• components within the immediate environment of the company

• suppliers, public, economic, costumers, etc.

• small businessmen and companies