Environments Of Business Quiz!

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Chapter 2 - Business 1110 Kwantlen University

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Mar 21, 2023

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Oct 01, 2008

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Environments Of Business Quiz!

Organizational boundaries is governed by the external environment (everything outside an organization's boundaries that might affect it) and the internal environment of that organization such as administration, industry and technological environment.

The conditions of the economic system in which an organization operates is:

The pattern of short-term ups and downs (expansion and contractions) in an economy is called:

Total value of all goods and services produced within a given period by a national economy through domestic factors of production is called: *** important to remember

Standard if living is the total quantity and quality of goods and services that a country's citizen can purchase with the currency used in their economic system.

Total value of all goods and services produced by a national economy within a given period regardless of where the factors of production are located.

The measure of economic growth that compares how much a system produces with the resources needed to produce it:

The total amount of money that a country owes its creditors is:

When the government spending more in one year then it takes in during that year, it will result:

A condition in an economic system in which the amount of money available and the number of goods and services produced are growing at about the same rate is:

Inflation is when there is an occurance of widespread price increases throuhout an economic system.

The measure of the prices of typical products purchased by consumers living in urban areas is called:

Policies, whereby governments collect and spend revenues, is called:

Policies whereby the government control (manipulates ) the size of the nation's money supply by means such as changing the interest rates is called:

The strategy of paying suppliers and distributors to perform certain business processes or to provide needed materials or services is called:

Viral marketing is strategy of using the internet and word-of-mouth marketing to spread product information

Environments Of Business Quiz!

Organizational boundaries is governed by the external environment (everything outside an organization's boundaries that might affect it) and the internal environment of that organization such as administration, industry and technological environment.

The conditions of the economic system in which an organization operates is:

The pattern of short-term ups and downs (expansion and contractions) in an economy is called:

Total value of all goods and services produced within a given period by a national economy through domestic factors of production is called: ********* important to remember ******

Standard if living is the total quantity and quality of goods and services that a country's citizen can purchase with the currency used in their economic system.

Total value of all goods and services produced by a national economy within a given period regardless of where the factors of production are located.

The measure of economic growth that compares how much a system produces with the resources needed to produce it:

The total amount of money that a country owes its creditors is:

When the government spending more in one year then it takes in during that year, it will result:

A condition in an economic system in which the amount of money available and the number of goods and services produced are growing at about the same rate is:

Inflation is when there is an occurance of widespread price increases throuhout an economic system.

The measure of the prices of typical products purchased by consumers living in urban areas is called:

Policies, whereby governments collect and spend revenues, is called:

Policies whereby the government control (manipulates ) the size of the nation's money supply by means such as changing the interest rates is called:

The strategy of paying suppliers and distributors to perform certain business processes or to provide needed materials or services is called:

Viral marketing is strategy of using the internet and word-of-mouth marketing to spread product information

Total value of all goods and services produced within a given period by a national economy through domestic factors of production is called: *** important to remember