1) This is the BIG Picture. This environment influences business but business has little control over it. a) macro b) operating c) internal 2) This environment involves the stakeholders that deal with the business directly on a daily basis a) operating b) internal c) macro 3) The business owner has the greatest level of control over this part of the business environment a) macro b) operating c) internal 4) Which of the business environments deals with skilling, motivating and keeping loyal staff, developing new technologies and creating efficient processes? a) macro b) operating c) internal 5) What is the term given to individuals who have a direct relationship with the business such as owners, shareholders, employees, customers and suppliers? a) shareholders b) stakeholders c) investors 6) Which of the business environments creates laws and regulations and enforces government policies? a) internal b) operating c) macro 7) A culture identifies similarities within a group and consists of values and beliefs, ways of life and accepted behaviours. Which of the business environments addresses culture? a) operating b) macro c) internal 8) In which of the business environments do the leaders within the business have most influence? a) internal b) macro c) operating

11 BME Business Environments

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