1.4 and 1.5 Entry Ticket

Which of the SIX forces affecting the business environment studied in class concerns international trade agreements and military alliances?

• Economic Forces

• Technological Forces

• Social Forces

• Global Forces

The arena of forces that encourage or discourage the development of business is known as...

• the standard of living

• the business environment

• the Better Business Bureau

• the business world

Those who have any sort of interest or stake if a business are known as

They have legal property in a business...

• government regulators

• customers

• owners

Gender, age, race, and education are examples of which force affecting the business environment?

• Global

• Social

• Technological

• Economic

Also known as vendors, they provide the raw materials, services, equipment, labor, energy, and other products sourced by a business.

• government regulators

• customers

• owners

• suppliers

•  Local planning departments, 

• state commissions, and

• federal and international agencies that oversee commerce and trade are examples of which stakeholder?

Chambers of Commerce, labor unions, and environmental organizations are all examples of which stakeholder?

• government regulators

• nearby communities

• interest groups (lobbyists)

• media

During our business environment simulation concerning Sadville, most groups recommended reducing restrictions on e-commerce. Which force affecting Sadville's business environment would be affected by such a policy change?

Planning, leading, organizing, and controlling the activities of an enterprise to achieve specific objectives is known as the art of...

• management

• organizational behavior

• accounting

• the deal