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WorksheetsMacro Environmental Sources of Opportunities
Total questions: 15
Worksheet time: 8mins
This is defined as the ability of knowing what product or services are needed by people, and provide these things at the right time, the right place, and to the right people at the right price.
Entrepreneur
Entrepreneurial
Entrepreneurship
Entreprede
Entrepreneurial Venture
This refers to a group of people or organizations that has an interest on a product or service
Boutique
Mall
Stall
Store
Market
What is one way to recognize a potential market?
Look to your consumers first.
Analyze the market need and opportunities through its environment.
Pay attention to your competitors.
Make sure that the market amplifies your business.
Decide if you are obsessed with your industry.
What does the French term “entreprede” means?
"To undertake"
"enterprise"
"Business Management"
"Industry"
"Entrepreneur"
What do we call a person who manages and organizes a business enterprise?
Business Owner
Business Maker
Manufacturer
Producer
Entrepreneur
What macro environment includes living and non-living things around us?
Economic Environment
Ecological Environment
Socio-Cultural Environment
Technological Environment
Political Environment
These basically refer to the integrated characteristics of a group of people or ethnic group in a particular society.
Topographical Forces
Sociological Forces
Cultural Forces
Financial Forces
Anthropological Forces
Competitiveness of its industries and enterprises also defines this type of environment. What environment is this?
Economic Environment
Political Environment
Ecological Environment
Technological Environment
Socio-Cultural Environment
What macro-environment includes the demographic and cultural factors including beliefs, tastes, customs and traditions?
Economic Environment
Political Environment
Ecological Environment
Technological Environment
Socio-Cultural Environment
What environment depicts the governance system of an area or the local region of the business enterprise - including laws, rules, and regulations that control their business practices along with permits, approvals, and licenses required to manage a business.
Economic Environment
Political Environment
Ecological Environment
Technological Environment
Socio-Cultural Environment
What force includes values, traditions, literacy level or consumer psychology.
Topographical Forces
Sociological Forces
Cultural Forces
Social Forces
Anthropological Forces
This refers to the average weather in a particular area over a long period of time.
Climate
Wildlife
Physical Resources
Raw Materials
Products/Services
This pertains to flora (plants) and fauna (animals).
Climate
Wildlife
Physical Resources
Raw Materials
Products/Services
These include tangible items that are necessary and available for a business to function.
Climate
Wildlife
Physical Resources
Raw Materials
Products/Services
This is a large part of market research and an important component of a business plan.
Business Plan
Market Analysis
Efficiency Plan
Research Analysis
Target Market
