Practice Business Environment (1) - Business Environment

Practise this section

9 questions

Flashcard drill
4 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
Sign up to start the exercise
Quiz
3 questions · about 2 min · pass mark 70%. Hints available.
Sign up to start the quiz

6 sample questions

Question 1.
What is meant by the term 'environmental scanning'?
Show hintHide hint
Think about how businesses keep track of trends.
Question 2.
Name one internal factor that affects a business.
Show hintHide hint
Consider what happens inside a business.
3Question 3.
What does the term 'business environment' refer to?
- Only internal factors
- Only external factors
- Both internal and external factors
Show hintHide hint
Reflect on what surrounds a business.
4Question 4.
Environmental scanning is important because it helps businesses to______?
Show hintHide hint
Consider how awareness affects choices.
Question 5.
Analyze how a sudden technological shift affects both internal and external environments of a smartphone manufacturing company.
Show hintHide hint
Consider the broader impact beyond just the company.
Question 6.
Develop an environmental scanning plan for a startup entering the eco-friendly product market.
Show hintHide hint
Think about what information the startup needs to make decisions.

5 more questions in this section. Enroll free to practise them all.