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Business Environement

Total questions: 12

Worksheet time: 7mins

Name
Class
Date
1.

Political and legal influences, societal influences, economic conditions, technological issues, and global issues are all part of which environment?

a)

Internal

b)

External

c)

Macro

d)

Operating

2.

Which of the following is legal environment factor?

a)

Political party welcome foreign investments in sport and entertainment industry in the country.

b)

America’s government is spending lavishly to revive manufacturing.

c)

Saudi Arabia government regulation on working hours.

d)

Norway government has set an ambitious goal of being carbon-neutral by 2030.

e)

See increasing involvement of technology in sport, e.g. Scan-at-turnstiles, VAR, etc.

3.

Pick the possible threat for an sportwear company?

a)

local competitors

b)

Less customer loyalty

c)

profit

d)

counterfeit products

4.

Which of the following characterize the business environment?

a)

(a) Uncertainty

b)

(b) Unpredictability

c)

(c) Aggregative nature

d)

(d) Complexity

5.

Employees, managers, location and legal business structure are all part of which environment?

a)

Internal

b)

External

c)

Macro

d)

Operating

6.
The importance of understanding of business environment is signified by :
a)

coping with rapid changes

b)

improvement in performance         

c)

tapping useful resources

d)

All of above

7.

Influences that come from within the business are in the....

a)

Macro Environment

b)

External Environment

c)

Operating Environment

d)

Internal Environment

8.

The environment that is made up of broad forces, trends and conditions in the economy and society that the business has not control over is called the

a)

Macro Environment

b)

External Environment

c)

Operating Environment

d)

Internal Environment

9.

what impact do sports business have on the environment?

4 lines
10.

Which ONE refers to negative and unfavourable external factors that are likely to create hurdles for a business?

a)

Opportunities

b)

Benefits

c)

Threats

d)

None of the above

11.

Which of the following is not the element of political environment?

a)

constitution of the country

b)

prevailing political system

c)

level of political morality

d)

popularity of e-banking

12.

Globalisation does not involve

a)

reduction of barrier

b)

free flow of capital

c)

global mechanism for settlement of economic diputes

d)

free flow of goods and services