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Business Environment Quiz
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Business Environment Quiz

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Questions and Answers

What is the term for the surroundings in which a business operates?

  • Corporate habitat
  • Business environment (correct)
  • Business sphere
  • Market ecosystem

    • Which of the following is NOT an element of the business environment?

  • Competitor strategies
  • Technological advancements
  • Internal company policies (correct)
  • Customer preferences

    • What do we call the analysis of the business environment to identify opportunities and threats?

  • Market segmentation
  • PESTEL analysis (correct)
  • SWOT analysis
  • Competitive analysis

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