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BM1 AOS3- External Environment Revision Flashcards | StudBud
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BM1 AOS3- External Environment Revision
BM1 AOS3- External Environment Revision
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Business Management Unit 1 - Business Environments
Flashcards
15 cards
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Practice quiz
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Host live
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Questions
15
Answers
1
Which of the following is not something that is a Social Factor?
Increased demand for home services
Consumer concern about tax rates
Longer trading hours
Multicultural Society
2
What is inflation?
The rate of price increases
When you eat 10 donuts
A type of technology
Prices going down
3
Which of the following is NOT a part of the operating environment
Suppliers
Staff
Interest Groups
Competitors
4
What is a major tax that has affected businesses over the last 20 years?
G.S.T.
T.S.G.
G.S.V.
G.O.A.T.
5
Which major store chain is going to close down due to poor economic performance?
JB Hi Fi
Masters
Pizza Hut
Coles Express
6
The government introducing laws related to workplace conditions relates to which environment?
Operating
Macro
Internal
Staffing
7
A company deciding to expand its premises fits into which environment?
Internal
External
Macro
Operating
8
The environment that you have full control over is:
Macro
Staff
Operating
Internal
9
Which is not one of the three business environments that affect an organisation are:
Macron
Internal
Macro
Operating
10
Employment levels is an example of which factor?
Economic
Political
Personnel
Social
11
Occupational Health and Safety is an example of which factor?
Technological
Legal
Social
Political
12
Concern for the environment would come under which factor?
Social
Economic
Political
Legal
13
Ageing population is an example of which factor?
Social
Economic
Technological
Political
14
Which of the following is not an example of technology affecting a company
Internet
Social Media
Occupational Health and Safety
Self serve checkouts
15
How much control does an organisation have over Macro factors
Top
Full
None
Little