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Future business environment

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

what happens to the employment level with the advancement of technology

a)

Employment level increases

b)

Unemployment level increases

c)

Fall in the level of unemployment

d)

no change to the unemployment level

2.

How many employees did Instagram have in 2012?

a)

Less than 20

b)

more than 100

c)

between 50-60

d)

450 Employees

3.

what company required many employees?

a)

WhatsApp

b)

Instagram

c)

Kodak

d)

Youtube

4.

How to prepare yourself for the future?

a)

Develop new skillsets

b)

Watch Netflix and chill

c)

Learn & not implement

d)

Focus only on one goal

5.

What kind of mindset will help you learn despite the changing environments?

a)

Growth mindset

b)

Fixed Mindset

6.

Who sells products and services to customers using an online store?

a)

Mangers

b)

E-tailers

c)

Retailers

d)

Employees

7.

Why is Continual innovation important to business success today?

a)

Keep up with the rapidly changing market

b)

To survive in the market in the short run

c)

To improve product development

d)

To be Obsolete

8.

What benefit will the business gain if they are advanced in technology?

a)

Increase lead time

b)

Less productive

c)

Increase efficiency

d)

The low initial cost to start up

9.

which business model, when a firm sells online directly to consumers?

a)

B2B

b)

B2C

c)

C2C

d)

B2G

10.

If you were using Email to chat on the company intranet, who might you be talking to?

a)

your mom

b)

your manager

c)

your roommate

d)

someone in another company