CHAPTER 2

Set of Factors Affecting Business Performance in many ways is called ________.

• Business Environment

• Business Factors

• Business Set

• Business Administration

Business Environment is ______

• Unpredictable and Dynamic

• Predictable and Dynamic

• Predictable and Static

• Unpredictable and Static

Business Environment Analysis Helps us insight on the Company's ________

• Opportunities

• Threats

• Both of Above

• None of the Above

Business Environment Analysis is useful for

• Radar Effect

• First Mover Advantage

• Establishment of Competitive Advantage

• All of the Above

Business Environment Factors Include_____

• General Factors

• Task Factors

• Internal Factors

• All of the Above

Capital , Employees , Organizational Culture , Organizational Factors are part of ______

• Internal Environment

• General Environment

• Task Environment

• All of the Above

Organizational Vision , Goals and Objectives Provides Direction and Purpose to the Organization

• True

• False

Customers, Competitors , Suppliers , Creditors are related to _____ Environment of Business

• General

• Task

• Internal

• All of the Above

Which among the Following is not a General Environment Factor?

• Political Environment

• Ecological Environment

• Economic Environment

• Media

Political Environment does not consists of ______

• Political Philosophy

• Political Institution

• Political Parties

• Political Satire