1) when doing an environmental scan what are some challenges a business might face? a) internal challenges (Staff), external (New legislation) b) Technological advancement opportunities 2) How does a SWOT analysis help businesses formulate strategies a) -identifying strengths to leverage opportunities b) cover up their weaknesses and not address threats 3) What is the purpose on environmental scanning a) Help the business identify O and T b) Help competitors 4) What tool help identify the threats and opportunites in the MAcro environment a) Poters 6 b) PASTEL 5) The Micro environment consist of a) Customers and Supplyers b) Company culture and Management 6) what level of control does a business have in the mAcro environment a) all control b) No control 7) What level of control does a business have in the market environment a) partial b) all control 8) A new company rule will affect which environment  a) MIcro b) market 9) how can a business minimize their weaknesses a) environmental scan to come up with strategies b) overall improvement 10) Did you find this quiz informative ? a) Hell yes b) Nah

BUSINESS STUDIES GRADE 11 ENVIRONMENTS

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