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BUSINESS ENVIRONMENT

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.
technological environment includes:
a)
advances in production technology
b)
advances in information technology
c)
popularity of e -banking
d)
all of the above
2.
Following is not the features of business environment:
a)
Totality of external forces
b)
dynamic nature
c)
industrial policy
d)
uncertainty
3.
Which of the following is an example of social environment?
a)
money supply in the economy     
b)
consumer protection act
c)
The constitution of the country       
d)
composition of family
4.

You are directed to study the actors close to the company that affect its ability to serve its customers-departments within the company, suppliers, marketing intermediaries, customer markets, competitors, and publics. What are you studying?

a)

the macroenvironment

b)

the microenvironment

c)

the marketing environment

d)

the demographic environment

5.

Which of the following terms is used to describe the factors and forces outside marketing that affect marketing management's ability to build and maintain successful relationships with target customers?

a)

the marketing environment

b)

the cultural environment

c)

strategic planning

d)

the marketing mix

6.

The study of population factors is called:

a)

anthropology

b)

economics

c)

demographics

d)

sociology

7.

Name the 6 forces of macro environment

a)
b)
c)
8.

Business Environment means *

a)

Internal Environment of Business

b)

External Environment

c)

Internal and External Environment

d)

Economic Environment of country

9.

Which of the following is not a feature of Business environment? *

a)

Interrelated Elements

b)

Complex

c)

Continuous

d)

Dynamic

10.

The surrounding conditions in which the business operates are called....

a)

Environments

b)

Business contacts

c)

Business Environments

d)

Business Conditions

11.

A stakeholder is ....

a)

someone who has a stake in the business

b)

someone who has an interest in the business and has different demands on the business

c)

someone who holds a steak

d)

someone who owns the business

12.

Influences that come from within the business are in the

a)

macro environment

b)

external environment

c)

operating environment

d)

internal environment

13.

Factors over which the business has little control over is called the

a)

internal environment

b)

operating environment

c)

macro environment

d)

external environment

14.
Which is an example of an economic factor that affects the business environment?
a)
Business cycle
b)
Employee morale
c)
Management style
d)
Long-term goals
15.
Which factor has aided the most in creating a global business environment?
a)
Technology
b)
Government
c)
Cultural change
d)
Exchange rate
16.
Which factor has aided the most in creating a global business environment?
a)
Technology
b)
Government
c)
Cultural change
d)
Exchange rate