Business Environment

Business Environment

10th Grade

24 Qs

quiz-placeholder

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Business Environment

Business Environment

Assessment

Quiz

Business

10th Grade

Easy

Created by

thakshila ruwanthi

Used 2+ times

FREE Resource

24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A force representing external environment is...

Manager

Owner

Customers

Legal

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a want rather than a need?

Food

Shelter

Education

A branded smartphone

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following belongs to the internal environment of a business?

Competitors

Employees

Customers

Government

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A new law requires all businesses to reduce plastic use. This is an example of:

Economic environment

Suppliers

Technological Environment

Legal Environment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best shows the effect of technology on businesses?

A rise in interest rates

A new machine reducing production time

New tax rules by the government

A fall in unemployment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the inflation rate affects businesses by:

Reducing cost of production

Increasing cost of goods and services

Reducing competition

Lowering interest rates

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When Sri Lanka exports more tea to foreign countries, it shows the influence of:

Internal environment

Legal environment

Technological environment

Global environment

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