
Business Environment Factors Quiz
Authored by Danielle O'Neill
Business
8th Grade
Used 2+ times

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33 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a political factor that can affect businesses?
Change in consumer preferences
Change in laws
Change in technology
Change in climate
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can a change in government impact businesses?
By altering the weather
By changing the company's logo
By influencing business regulations
By modifying product designs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one way that changes in taxation rates can affect businesses?
By increasing the number of employees
By altering the company's mission statement
By affecting the company's financial performance
By changing the company's name
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can changes in law affect a business?
They can decrease the costs of the business.
They can increase the costs of the business.
They have no effect on the business.
They always benefit the business.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might an increase in taxation mean for customers?
Customers have more money to spend.
Customers have less money to spend.
Customers are unaffected.
Customers receive a tax refund.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might a firm do if corporation tax is increased?
Lower prices
Increase prices
Hire more employees
Reduce production
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an economic factor that can affect businesses?
Changes in weather patterns
Changes in interest rates
Changes in fashion trends
Changes in technology
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