Business Sectors and Their Environments (Grade 12 NSC Matric Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What level of control does a business have over its micro environment?
What level of control does a business have over its micro environment?
Full control
Which environment includes factors immediately outside the business that it regularly interacts with?
Which environment includes factors immediately outside the business that it regularly interacts with?
Market environment
What must businesses do when facing macro environment challenges?
What must businesses do when facing macro environment challenges?
Adapt their strategies
What does PESTLE stand for in macro environment analysis?
What does PESTLE stand for in macro environment analysis?
Political, Economic, Social, Tech, Legal, Environmental
Which component belongs to the micro environment?
Which component belongs to the micro environment?
Organisational culture
Trade unions disrupting business activities is a challenge from which environment?
Trade unions disrupting business activities is a challenge from which environment?
Market environment
How are internal micro environment challenges best addressed?
How are internal micro environment challenges best addressed?
Solved directly
Government increasing corporate tax rates is an example of which macro factor?
Government increasing corporate tax rates is an example of which macro factor?
Political challenge
What describes business environments as constantly changing?
What describes business environments as constantly changing?
Dynamic
Customers choosing cheaper alternatives from competitors affects which environment?
Customers choosing cheaper alternatives from competitors affects which environment?
Market environment