789350
Descripción
Test por michellebasson, actualizado hace más de 1 año
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Creado por michellebasson
hace más de 10 años
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Pregunta 1
Pregunta
The Business environment refers to the every changing surrounding conditions in which the business operates
Respuesta
- True
- False
Pregunta 2
Pregunta
Which of these are EXTERNAL factors?
Respuesta
-
government policy
-
technology
-
economic conditions
-
social attitudes
-
products
-
location
-
resources
-
management
Pregunta 3
Pregunta
which of these are INTERNAL factors?
Respuesta
-
products
-
location
-
resources
-
management
-
government policy
-
technology
-
economic
-
social attitudes
Pregunta 4
Pregunta
A business has lots of control over an internal factor
Respuesta
- True
- False
Pregunta 5
Pregunta
A business has a small amount of control over external factors
Respuesta
- True
- False
Pregunta 6
Pregunta
During a RECESSION, consumers become less wary of their spending
Respuesta
- True
- False
Pregunta 7
Pregunta
During a BUST period unemployment levels rise
Respuesta
- True
- False
Pregunta 8
Pregunta
What are some key things that happen during a BOOM period in a business?
Respuesta
-
Increased profits
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employment levels rise
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increased economic growth
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unemployment levels are at a high
-
production of products will be at a low
Pregunta 9
Pregunta
Deregulation means a reduction in government intervention in the financial system and an end to credit, interest and exchange rate controls.
Respuesta
- True
- False
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