T Level Business environment

The purpose of different types of organisations is to:

• Achieve specific goals and objectives

• Only make profits for owners

• Operate without any structure

• Ignore the needs of society

Which of the following lists correctly identifies the sectors: private, public, voluntary/charity, NGO?

• Business, Government, Non-profit, Non-governmental organization

• Government, Business, Non-profit, Non-governmental organization

• Non-profit, Business, Government, Non-governmental organization

• Business, Non-profit, Government, Non-governmental organization

Which of the following correctly explains the business models B2C, B2B, and B2M?

• B2C is Business to Consumer, B2B is Business to Business, B2M is Business to Many

• B2C is Business to Company, B2B is Business to Customer, B2M is Business to Manufacturer

• B2C is Business to Client, B2B is Business to Merchant, B2M is Business to Market

• B2C is Business to Consumer, B2B is Business to Client, B2M is Business to Member

Applying knowledge of organisations and business models can be demonstrated through which of the following?

• Examples and tasks

• Random guessing

• Ignoring business structures

• Focusing only on theory

Digital business world refers to:

• The use of digital technologies to conduct business activities online.

• A world where only physical stores exist.

• A business that does not use any technology.

• A world without any business activities.

Digital business world refers to:

• The use of digital technologies to conduct business activities online

• A world where only physical stores exist

• A business that does not use any technology

• A world without any business activities

Fill in the blank: A business environment is the ______ in which businesses operate.

• setting

• product

• employee

• machine

Which of the following is NOT listed as an influence on the business environment?

• Government

• Competitors

• Customers

• Weather

• Economy

Fill in the blank: Understanding the business environment helps businesses decide how to provide ______/_______.

• products/services

• employees/salaries

• buildings/offices

• laws/regulations

What is the main aim of organisations? (Fill in the blank) Main aim: _________.

• meet customer needs

• increase pollution

• ignore employees

• reduce quality