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EoB Lecture 1: Analyzing the Business Environment Flashcards | StudBud

Explore/EoB Lecture 1: Analyzing the Business Environment

Which one of these is not a Technological factor?

Which one of these is not a Legal factor?

EoB Lecture 1: Analyzing the Business Environment

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Quick quiz - lecture 1

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Questions 10

Answers

1
Which one of these is not a Legal factor?
Distribution of income
Health and Safety
Product safety and arising liability
Employment law and regulations
2
Which one of these is not a Technological factor?
Education and health
New research initiatives
Speed of change and adoption of new technology
Level of research and development expenditure
3
Strategic drift is when . . .
The organisation loses track of changes within its market.
The organisation fails to stick to its business plan.
4
Which one of these strategies is a response to changes in the environment
Intended strategy
Unrealized strategy
Emergent strategy
Deliberate strategy
5
PESTEL should only be used to identify threats to the organisation
True
False
6
Which one of these is not an Ecological factor?
Attitudes towards the environment
Waste disposal and recycling
Energy consumption
Internet of things
7
Which one of these is not a Political factor?
Internet of things
Changes in Government
Trade agreements
Use of subsidies
8
Scenario planning . . .
Shows a range of potential futures
Determines the precise future
Is too vague to represent a basis for business planning
Classifies futures based on positive, neutral and negative
9
Which one of these is not an Economic factor?
Interest rates
Inflation
Unemployment
Controls in mergers and acquisitions
10
Which one of these is not a Socio-cultural factor?
Attitudes to work and leisure
Distribution of income
Shifts in values and cultures
New patents and products