The three business environments are..

internal, external operating, external macro

Which stakeholder definition best matches the term 'customer'

Are essential to the business as they provide revenue.

Which of the following definitions matches the "internal environment"

Direct influences on the operations within a business.

Weighing up strengths and weaknesses using a criteria

Which of these factors is NOT an example of economic factors within the ma

Environmentalists are pushing for stricter pollution regulations

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11 U1T1 Business Environments

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Questions 11

Answers

1
Which definition matches 'organisational culture'
The chart which gives job titles/ hierarchy in the business
How management and staff interact - relationships.
Both b and c
The shared beliefs, values, behaviours a workplace has
2
The business environment is made up of internal and external factors that impact on a businesses success.
True
False
3
The three business environments are..
internal, external operating, external macro
internal, external, macro
STEEPLE, SWOT, evaluating
external, internal, operating
4
Which of the following is NOT an internal environment factor
Organisational Structure
Organisational Culture
Customers
Owners/Managers
5
Which of these is NOT an external operating environment factor
suppliers
employees
competitors
customers
6
Which is NOT an E STEEPLE (external macro environment)
Economy
Environment
Ethical
Enterprise
7
which of the terms is NOT a synonym for the term 'business'
organisation
enterprise
institution
firm
8
Which stakeholder definition best matches the term 'customer'
Are essential to the business as they provide revenue.
A business which sells a similar product/service.
The person who runs the business efficiently/effectively.
Provider of resources needed to operate
9
Which of the following definitions matches the "internal environment"
The wider factors in which the business operates No control.
Stakeholders outside of the business that influence business
Direct influences on the operations within a business.
None of the above
10
Evaluating means..
Weighing up strengths and weaknesses using a criteria
Using criteria to make a decision
Weighing up strengths and making a judgement
Analysing the opportunities and threats
11
Which of these factors is NOT an example of economic factors within the ma
Customers have less money to spend due to job cuts
Environmentalists are pushing for stricter pollution regulations
Interest rates have risen
The government has increased taxes

11 U1T1 Business Environments Flashcards | StudBud