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Micro , macro and meso business environemnt

Quiz by shahbas banu

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19 questions
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  • Q1
    Which level of the business environment focuses on individual firms and their interactions with customers, suppliers, and competitors?
    Micro environment
    Global environment
    Meso environment
    Macro environment
    30s
  • Q2
    What aspect of the business environment includes broader economic factors, such as inflation and unemployment rates?
    Internal environment
    Macro environment
    Meso environment
    Micro environment
    30s
  • Q3
    Which level of the business environment serves as a bridge between micro and macro levels, often involving industry-specific factors?
    Global environment
    Micro environment
    Meso environment
    Macro environment
    30s
  • Q4
    Which of the following is an example of a factor in the macro business environment?
    Competitor strategies
    Supplier relationships
    Customer preferences
    Economic policies
    30s
  • Q5
    Which component of the micro environment directly influences a business's ability to meet customer needs?
    Economic conditions
    Customers
    Technological trends
    Government regulations
    30s
  • Q6
    In the context of the meso business environment, what does the term 'industry rivalry' refer to?
    Government policies affecting businesses
    Consumer buying patterns
    Competition among firms within a specific industry
    Global market trends
    30s
  • Q7
    Which of the following would be considered a factor in the micro business environment?
    Supplier relationships
    Technological advancements
    Cultural trends
    National economic growth
    30s
  • Q8
    Which factor in the macro environment can significantly impact business operations by affecting interest rates and inflation?
    Technological factors
    Economic factors
    Competitive factors
    Social factors
    30s
  • Q9
    What external factor in the meso environment can influence a firm's strategic decisions by impacting the availability of resources?
    Industry regulations
    Employee morale
    Customer feedback
    Supplier pricing
    30s
  • Q10
    Which component of the micro environment directly affects a company's ability to promote its products?
    Marketing intermediaries
    Economic policies
    Cultural trends
    Government regulations
    30s
  • Q11
    What is a key characteristic of the macro business environment?
    It focuses solely on individual consumer behavior
    It encompasses larger societal forces that impact the economy as a whole
    It includes specific suppliers and competitors
    It is concerned only with company internal policies
    30s
  • Q12
    Which of the following best describes the micro business environment?
    The global trades and international markets
    The cultural and social factors surrounding a business
    The immediate environment that directly affects a company's operations
    The overall economic factors affecting businesses
    30s
  • Q13
    Which of the following best describes the macro business environment?
    It includes economic, political, and social factors affecting all businesses
    It deals primarily with local market conditions
    It focuses on individual customer interactions
    It is limited to a company's internal operations
    30s
  • Q14
    Which of the following is a component of the meso business environment?
    Industry competition
    Global trade policies
    National economic trends
    Cultural values
    30s
  • Q15
    Which of the following factors is NOT part of the micro business environment?
    Government regulations
    Customer preferences
    Supplier relationships
    Competitor actions
    30s

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