wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Environmental Scanning - LM1 Quiz

Total questions: 16

Worksheet time: 16mins

Name
Class
Date
1.

Argue that when taking the path of entrepeneurship, one of the most important indicators for future entrepreneurship is the skill of finding the business opportunity

a)

Eckhardt & Shane

b)

Winston Churchill

2.

These are factors in the environment outside of the institution that are out of our control but has to be managed.

a)

Internal Factors

b)

External Factors

3.

These indicators may include internal issues and trends that are inherent to the institution such as the: the 5Ms – Manpower (Human resources); Money (capital/budget); Machineries (office fixtures, gadgets, equipment); Management (leadership); Materials (raw materials, ingredients).

a)

Internal Factors

b)

External Factors

4.

Is the ongoing tracking of trends and occurrences in an organization’s internal and external environment that bear on its success, current and in the future.

(a)  

5.

the metal contraptions called _________ have made man fulfill almost effortlessly various dreams of creating things that make our existence more worthwhile.

a)

Man

b)

Materials

c)

Machines

d)

Management

e)

Money

6.

Time ___________ and leadership is one contemporary aspect of business that has been employed in use by effective and successful business ventures to optimize delivery.

a)

Man

b)

Materials

c)

Machines

d)

Management

e)

Money

7.

the first of the five M’s is the most important. The right personnel for the right position is sure bet for the organizational effectiveness and efficiency.

a)

Man

b)

Materials

c)

Machines

d)

Management

e)

Money

8.

without ___________ , human resource is made redundant. Thus every right thinking and right planning organization knows that ____________ needed for any business or service must be in place before ‘man’ can be use in any business activity.

a)

Man

b)

Materials

c)

Machines

d)

Management

e)

Money

9.

without ___________, no venture or enterprise can motivate workers, get quality and sufficient materials, get the right machines and maintain them or even ensure that time is properly managed.

a)

Man

b)

Materials

c)

Machines

d)

Management

e)

Money

10.

statistical profile of a particular group of people i.e. customers locally, regionally, nationally, and increasingly internationally. (e.g., age, racial/ethnic mix, immigration status, social class, education level, etc.)

a)

Social/Demographics

b)

Politics, Governance, and public policy

c)

Economies

d)

Environmental/ ecology

e)

Technology

11.

fauna and flora; natural landscape – land, water, and air that can be nurtured to enhance business.

a)

Social/Demographics

b)

Politics, Governance, and public policy

c)

Economies

d)

Environmental/ ecology

e)

Technology

12.

local, regional, national and international labor market – the demand in relevant fields and the associated skills desired by employers.

a)

Social/Demographics

b)

Politics, Governance, and public policy

c)

Economies

d)

Environmental/ ecology

e)

Technology

13.

changes in ___________ regulation, national financial aid policies, and LGUs, and _________agencies.

a)

Social/Demographics

b)

Politics, Governance, and public policy

c)

Economies

d)

Environmental/ ecology

e)

Technology

14.

the application of scientific knowledge for practical purposes, especially in industry.

a)

Social/Demographics

b)

Politics, Governance, and public policy

c)

Economies

d)

Environmental/ ecology

e)

Technology

15.

involves sales or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business.

(a)  

16.

the four elements of business opportunity

(a)