789350
Beschreibung
Quiz von michellebasson, aktualisiert more than 1 year ago
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Erstellt von michellebasson
vor mehr als 10 Jahre
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Frage 1
Frage
The Business environment refers to the every changing surrounding conditions in which the business operates
Antworten
- True
- False
Frage 2
Frage
Which of these are EXTERNAL factors?
Antworten
-
government policy
-
technology
-
economic conditions
-
social attitudes
-
products
-
location
-
resources
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management
Frage 3
Frage
which of these are INTERNAL factors?
Antworten
-
products
-
location
-
resources
-
management
-
government policy
-
technology
-
economic
-
social attitudes
Frage 4
Frage
A business has lots of control over an internal factor
Antworten
- True
- False
Frage 5
Frage
A business has a small amount of control over external factors
Antworten
- True
- False
Frage 6
Frage
During a RECESSION, consumers become less wary of their spending
Antworten
- True
- False
Frage 7
Frage
During a BUST period unemployment levels rise
Antworten
- True
- False
Frage 8
Frage
What are some key things that happen during a BOOM period in a business?
Antworten
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Increased profits
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employment levels rise
-
increased economic growth
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unemployment levels are at a high
-
production of products will be at a low
Frage 9
Frage
Deregulation means a reduction in government intervention in the financial system and an end to credit, interest and exchange rate controls.
Antworten
- True
- False
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