Business Fundamentals

Which factor below influences the Internal Business Environment?

• Interest Groups

• Management

• Customers

• Unions

An acronym for the 7 factors that influence the macro environment is ...

• SWOT

• Staple

• Pestle

• Steeple

The shared values and beliefs of an organisation form part or an organisation's ...

• Structure

• Culture

• Chart

• Finances

These are often considered a business' most important asset.

• Employees

• Customers

• Partners

• Stakeholders

The external factor that includes consumer confidence, inflation and interest rates is ...

• Finance

• Economic

• Ethical

• Legal

Climate change, power usage and waste disposal are included in which external macro factor.

• Political

• Socio-cultural

• Environmental

• Ethical

Health and safety laws, consumer and employment laws are included in which external macro factor?

• Legal

• Ethical

The middle phase of the business life cycle is ...

• Start up

• Seed

• Post Maturity

• Growth

Following a set of values and structuring business around what is acceptable in society indicates they may be influenced by ...

• Legal factor

• Ethical factor

• Political factor

• Socio-cultural facor

Which external environmental factor influences this situation? The Govt has resumed land to preserve the natural ecosytsem for future generations

• Technological

• Political

• Environmental

• Ethical