BUS1012

Write one word or term for the following:

the internal environment of the business

• Micro

• Market

• Macro

Write one word or term for the following:

the environment containing cell phones, emails, MP4 players, Skype, Twitter and Facebook

• Social

• Technological

• Economic

An example of the economic environment.

• changes in weather patterns

• increase in interest rates

• machines taking over many routine jobs

• new machines and technology developed to decrease pollution

Wholesalers and retailers serves as … to bridge the gap between producers and consumers

• Public Relations

• Legal

• Intermediaries

• Suppliers

The … function ensures that existing customers remain loyal.

• Public Relations

• Legal

• Intermediaries

• Suppliers