N5 Business External & Internal Factors

Which of the following is NOT an external factor?

• Political

• Economic

• Management

• Envrionmental

Which of the following is NOT an internal factor?

• Human Resources

• Management

• Socio-cultural Factors

• Technology

Which of the following is NOT an external political factor.

• Govt law

• Govt planning permission

• Govt grant

• Population increase

If unemployment were to rise, then a firm would find it e_ to hire staff, as more would be available.

If the corporation tax were to increase then a firm would have _ money to spend on investments.

If the competition were to launch a new product then the firm would invest in R&D to develop their own, _ _.

Which area would the internal Marketing Department be involved with

• Staff training

• How the product is made

• Promotions

• Cash budgets

Which area would the internal Operations Department be involved with

• Staff training

• How the product is made

• Promotions

• Cash budgets

Which area is NOT a responsibility of the Human Resources Department?

• Staff training

• Advertising for new staff

• Making staff are aware of the company law

• Making sure the company's technology compatible with their existing technology

Match the external factor with the description

• A law such as the Living Wage

• Technology

• Incidences of

  hacking increasing

• Economic

• Unemployment rising

• Environmental

• Population falling

• Political

• Companies recycle their waste paper

• Socio-cultural