Podcast
Questions and Answers
What are the controllable factors in a business environment?
What are the controllable factors in a business environment?
- Market coverage, distribution, company policies, employees' performance
- Product, price, place, promotion (correct)
- Demographic, economic, political, technological
- Weather, socio-cultural, government, production level
Which of the following is an uncontrollable business factor?
Which of the following is an uncontrollable business factor?
- Price
- Demographic (correct)
- Market coverage
- Product
Who has the big influence in establishing company policies?
Who has the big influence in establishing company policies?
- Customers
- Competitors
- Government
- Management (correct)
What factors need to be closely monitored for a business entity to survive?
What factors need to be closely monitored for a business entity to survive?
What is responsible for organizing and controlling a company's employees?
What is responsible for organizing and controlling a company's employees?
Which part of the business environment requires necessary adjustments in marketing plans?
Which part of the business environment requires necessary adjustments in marketing plans?
What term is used to refer to the forces that are close to the company and affect its interaction with its market?
What term is used to refer to the forces that are close to the company and affect its interaction with its market?
Which of the following is NOT part of a company's microenvironment?
Which of the following is NOT part of a company's microenvironment?
What term is used to describe organizations that assist a company in promoting, selling, or distributing products or services?
What term is used to describe organizations that assist a company in promoting, selling, or distributing products or services?
Which external environment factor refers to existing laws, ordinances, or government restrictions that affect a business?
Which external environment factor refers to existing laws, ordinances, or government restrictions that affect a business?
What does the demographic factor in the external environment consider when it comes to consumers?
What does the demographic factor in the external environment consider when it comes to consumers?
In the business environment classification, what is considered uncontrollable and more challenging for a company to control?
In the business environment classification, what is considered uncontrollable and more challenging for a company to control?
