Environmental aspect of STEEPLE is mostly important for:

mineral extraction, agriculture, farming, tourism

Choose the definition of inflation:

the rate of change in average level of prices

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1.5 external environment

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

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Questions 15

Answers

1
The use of electronic technology to gather, store, process and communicate information
storing technology
informative technology
information technology
communication technology
2
What does not STEEPLE refer to?
economic factors
social factors
legal factors
labour factors
3
GDP refers to:
Gross Demand Production
Growth Domestic Product
Growth Domestic Production
Gross Domestic Product
4
Political factors of STEEPLE does not include:
interest rate
type of government
tarrifs
government stability
5
The value of one currency in terms of another currency is:
exchange rate
currency value
interest rate
exchange level
6
Which one of these laws is not a consumer protection law?
not advertising inaccurately
staff training
not selling faulty goods
high-pressure selling tactics
7
Which of these factors will be included in social aspect of STEEPLE?
economic growth
education levels
code of conduct
government
8
Which of these is not a economic influence on a business strategy:
interest rates
unemployment
fiscal policy
infrastructure development
9
Environmental aspect of STEEPLE is mostly important for:
mineral extraction
agriculture
farming
tourism
10
One of the effects of aging population isn't:
change in the structure of population
changing patterns of demand
increase in number of births
more people on pension
11
Choose the definition of inflation:
the increase of a level of interest rates
the rare of change in average level of wages
the rate of change in average level of prices
the decrease in a currency value
12
Objectives of the technological use in business do not include:
overuse of the information
competitive advantage increases
cost benefits in the long run
improving global communication
13
choose one of the categories below that contributes to legal constrains of STEEPLE analysis:
consumer protection law
form of a political structure
child labour
trade policies
14
Choose one drawback that disobeying the ethical code may have on the business
damage of reputation
disrespecting cultural variations
more satisfied consumers
limiting child labour
15
Environmental controls on business activities does not include:
controls of suppliers
waste disposal
usage of sustainable energy
reducing packaging

1.5 external environment Flashcards | StudBud