Choose the definition of inflation:

the rate of change in average level of prices

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BMT_STEEPLE Analysis

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Business and management IB course - STEEPLE revision #business #steeple

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Questions 12

Answers

1
Which of these factors will be included in social aspect of STEEPLE?
Government
Code of conduct of the company
Education levels
Economic growth
2
Environmental initiatives on business activities does not include:
usage of sustainable energy
controls of customers
waste disposal
reducing packaging
3
Political factors of STEEPLE does not include:
Taxes
Employee protection
Government expenditure
Interest rates
4
Which of these is not a economic influence on a business strategy:
infrastructure development
fiscal policy
unemployment
interest rates
5
choose one of the categories below that contributes to legal constrains of STEEPLE analysis:
child labour
trade policies
consumer protection law
form of a political structure
6
Which one of these laws is not a consumer protection law?
not selling faulty goods
high-pressure selling tactics
staff training
not advertising inaccurately
7
One of the effects of aging population is not:
more people on pension
changing patterns of demand
increase in number of births
change in the structure of population
8
What does not STEEPLE refer to?
Economic factors
Social factors
Internal factors
Legal factors
9
The value of one currency in terms of another currency is:
Currency value
Exchange level
Interest rate
Exchange rate
10
Choose one drawback that disobeying the ethical code may have on the business
limiting child labour
disrespecting cultural variations
more satisfied consumers
damage of reputation
11
Environmental aspect of STEEPLE is mostly important for:
suppliers
shareholders
employees
farming
12
Choose the definition of inflation:
the rare of change in average level of wages
the increase of a level of interest rates
the rate of change in average level of prices
the decrease in a currency value

BMT_STEEPLE Analysis Flashcards | StudBud