EBE Week 3 Revision Quiz

Which of the following is true about the business environment: 

• It is dynamic

• It is the area or condition in which the business operates

• It includes factors that can impact organisation positively or negatively

• All of the above

Which of the following are internal factors in the business environment:

• Employees

• Existing suppliers

• Value systems

• All of the above

Internal environmental factors do not include: 

• Customers

• Suppliers

• Government

• Employees

External business environment factors can be controllable.

• True

• False

The external environment includes:

• Political factors

• Demographic factors

• Technological factors

• All of the above

In PESTLE what does the 'T' stands for? 

• Transformation

• Technology

• Teamwork

• Timelines

An airline company has a website where customers can look for flight times, destinations and fares and book their tickets online.

This is an example of which aspect of the business environment?

• Political

• Technological

• Social

• Legal

The recent increase in interest rates is an example of which environmental factor: 

• Social

• Technological

• Economic

• Legal

The health& fitness trend has become popular among a large number of people. This has created a demand for products like organic food.

This is an example of which environmental factor: 

• Political

• Technological

• Social

• All of the above