Accounting technicians scheme west africa
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| Review Questions Multiple Choice Questions 1. Which of these is not an aspect of the internal environment a) Middlemen b) owners c) board of directors d) employees e) organisation culture 2. The monitoring of external environmental forces to determine the source of a firm’s opportunities and threats is known as a) Regression analysis 39 b) Environmental analysis c) Tows analysis d) Critical path analysis e) SWOT analysis 3. The external environmental conditions under which business organisations are required to comply with certain laws, and to obtain permits from the relevant government agencies is known as a) Legal/Public policy environment b) Technological environment c) Political environment d) Socio-cultural environment e) Economic environment 4. Which of this is a task environment of Business a) Labour supply b) Economic environment c) Political environment d) Ecological environment e) Customers/clients 5. Which of this is not an importance of business environment a) Gives directional clarity b) Limited competition c) A continuous learning process d) Builds organisational image e) Exposes opportunities and threats Short Answer Questions 1. The process used by a manager to monitor events occurring in the external environment of the organisation is called ….. 2. The technique that affords managers the opportunity to acquire a foreknowledge of what lies ahead in order to cope with their business environment is known as …… 3. Environment the provide opportunities and threats is called ……….… 4. …… are organisations and individuals that provide resources to other companies that use them to conduct their operations. 5. The direct-action environment of the external environment is also known as …….. |