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Worksheets4.1 Business Influences on Consumer Decisions
Total questions: 25
Worksheet time: 13mins
Which of the following functional areas is most likely to use twitter to increase customer engagement?
Business Operations
Marketing
Finance
Human Resources
A business reduces the level of chemical emissions from its factory. Which of the following is the business aiming to reduce?
Noise pollution
Traffic congestion
Recycling
Air pollution
Which of the following is a feature of a weak economic climate?
High levels of consumer spending
Low levels of consumer spending
High levels of employment
Low levels of unemployment
Which of the following is a possible impact facing a hotel chain if facilities and accommodation are falsely described?
Sales may increase
Customer numbers may increase
Profits may increase
Reputation may decrease
Which of following is most likely to occur as interest rates fall?
Sales of luxury products increase
Sales of essential products increase
Sales of luxury products decrease
Sales of essential products decrease
A business that uses renewable energy, such as solar and wind power, aims to reduce:
Recycling
Global warming
Traffic congestion
Waste disposal
Rising prices for goods and services and lower buying power of the dollar?
Consumer Spending
Inflation
Consumer Prices
Interest Rate
The demand for goods and services, which affects prices and job opportunities?
Interest Rate
Unemployment Rate
Consumer Spending
Inflation
The cost of borrowing money. Lower interest rates encourage consumer spending; higher rates encourage saving and less borrowing?
Interest Rate
Consumer Prices
Unemployment Rate
Inflation
People paying money for goods and services is called:
Unemployment Rate
Consumer Spending
When prices go up:
Inflation
Income Risk
The number of people out of work is called:
Inflation
Unemployment Rate
The amount you pay to borrow money is called:
Consumer Spending
Interest Rate
A measure of efficiency, measured as output per person in a particular time period
Productivity
Automation
Product quality
Competitive advantage
What does automation mean?
Using machines that can operate without people
The development of production into batch production
Handcrafted production
Leading to a fall in quality
