
Understanding Internal Factors in Organizations
Authored by Fiona Martin
Instructional Technology
10th Grade
Used 5+ times

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23 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do internal factors in a business refer to?
Things a business can control that impact how it operates
Laws set by the government
Customer preferences
Economic conditions outside the business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does a business need adequate funds?
To survive and grow successfully
To reduce competition
To increase taxes
To avoid hiring employees
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a reason a business may need finance?
To develop a new product
To upgrade new software
To reduce the number of employees
To buy new machinery and equipment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following actions would require a business to seek additional finance? (Select the best answer.)
Hiring new staff
Reducing product quality
Ignoring market trends
Decreasing advertising
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term "human resources" refer to in a business organisation?
The people who work in a business organisation
The physical assets of a business
The financial resources of a business
The products sold by a business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following groups are included under human resources in a business?
Only managers
Only employees
Both managers and employees
Only customers
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a way managers can influence a business?
By creating policies to motivate employees
By ignoring employee performance
By avoiding decision making
By refusing to set goals
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