,DOWNLOADgTHEgTestgBankgforgBusinessgEssentialsg8thgEditiongEbert
BusinessgEssentials,g8ceg Chapt
erg2:gThegEnvironmentgofgBusiness
Chapterg2g g ThegEnvironmentgofgBusiness
2.1 Multiple-ChoicegQuestions
1) Ingtermsgofgorganizationalgboundariesgandgenvironments,gwhichgisgcorrect?
A) Largegbusinessgfirmsgaregheavilyginfluencedgbygeventsgingthegexternalgenvironment,gbutgsma
llgbusinessgfirmsgaregmuchglessginfluenced.
B) Nogsinglegfirmgcangcontrolgthegenvironment.
C) Mostgorganizationsghavegagsinglegenvironment,gbutgsomeghavegmultiplegenvironmentsgthe
ygmustgcopegwith.
D) Thegmajorgelementsgofgthegexternalgenvironmentgaregmarketing,gfinance,gproduction,gan
dghumangresources.
E) Thegmostgimportantgfeaturesgofgthegexternalgenvironmentgaregthegpoliticalgandgsocialgaspect
s.gAnswer:g B
Diff:g2 Type:gMC PagegRef:g25-
26gSkill:g Comprehension
Objective:g 2.1
2) Distributorsgwhogaregingaggrocerygstoregrestockinggshelvesgaregnormallygconsideredgpartgofgthe
rathergthangtheg .
A) environment;gculture
B) organization;genvironment
C) culture;gstore
D) environment;gorganization
E) nonegofgthesegaregcorrect
gAnswer:g D
Diff:g2 Type:gMC
PagegRef:g25gSkill:g Comp
rehension
Objective:g 2.1
3) A(n)g separatesgthegorganizationgfromgitsgenvironment.
A) organizationalgboundary
B) processgboundary
C) enterprisegresource
D) aggregategoutput
E) integration
gAnswer:g A
Diff:g1 Type:gMC
PagegRef:g25gSkill:g Know
ledge
Objective:g 2.1
Copyrightg©g2017gPearsongCanadagIn 2-1
c.
mynursytest.store
,DOWNLOADgTHEgTestgBankgforgBusinessgEssentialsg8thgEditiongEbert
BusinessgEssentials,g8ceg Chapt
erg2:gThegEnvironmentgofgBusiness
4) HowgmightglowginflationglevelsgingtheggeneralgeconomygaffectgagcompanyglikegMcDonald's?
A) McDonald'sgwillgpaygmuchghighergpricesgforgsuppliesgandgwillgchargegcustomersgmoregforgit
sgproducts.
B) McDonald'sgwillgpayghighergpricesgforgsuppliesgandgwillgchargegcustomersgmoregforgit
sgproducts.
C) McDonald'sgwillgpaygrelativelygconstantgpricesgforgsupplies,gbutgwillgbegunablegtogincreasegth
egpricegpaidgbygcustomers.
D) McDonald'sgwillgpaygrelativelygconstantgpricesgforgsuppliesgandgwillgchargegcustomersgmor
egforgitsgproducts.
E) McDonald'sgwillgpayghighergpricesgforgsupplies,gbutgwillgbegunablegtogincreasegthegpricegpai
dgbygcustomers.
Answer:g C
Diff:g3 Type:gMC
PagegRef:g26gSkill:g Comp
rehension
Objective:g 2.2
5) Agriculturegefficiencyghasgresultedgin
A) Canadiansgcontributinggmoregresourcesgtogfarms.
B) angincreasegingthegnumbergofgpeoplegemployedgingthegindustry.
C) Canadiansgneedinggmoregfarms.
D) agdecreasegingthegnumbergofgpeoplegemployedgingthegindustry.
E) nonegofgthese.
gAnswer:g B
Diff:g2 Type:gMC
PagegRef:g27gSkill:g Comp
rehension
Objective:g 2.2
6) SincegthegincreasegingthegunemploymentglevelgingagsmallgAtlanticgCanadiangtown,gretailersghav
egnoticedgthatgsalesghavegdecreased.gThegretailersgaregbeinggaffectedgbygwhichgelementgofgthegext
ernalgenvironment?
A) Socio-cultural
B) Economic
C) Environmental
D) Global
E) Political-
legalgAnswer:g B
Diff:g2 Type:gMC
PagegRef:g27gSkill:g Comp
rehension
Objective:g 2.2
Copyrightg©g2017gPearsongCanadagIn 2-2
c.
mynursytest.store
, DOWNLOADgTHEgTestgBankgforgBusinessgEssentialsg8thgEditiongEbert
BusinessgEssentials,g8ceg Chapt
erg2:gThegEnvironmentgofgBusiness
7) Atgonegtime,gabout
ofgthegpopulationgofgCanadagwasginvolvedgingproducinggthegfoodgthatgwegneeded;gtodayglessgt
han percentgofgthegpopulationgworksgingagriculture.
A) half;g0.5
B) half;g2.5
C) one-third;g5
D) three-quarters;g2.5
E) four-
fifths;g3gAnswe
r:g B
Diff:g3 Type:gMC
PagegRef:g27gSkill:g Know
ledge
Objective:g 2.2
8) Agriculturalgproductionghasg becauseg .
A) grown;gweghavegincreasedgtotalgoutputgingthatgsector
B) increased;gCanadagimportsgmoregagriculturalgproducts
C) declined;gfewergCanadiansgaregworkinggingagriculture
D) remainedgunchanged;gthereghavegbeengrelativelygfewgchangesgingagriculturalgtechnology
E) increased;gmoregpeoplegareginvolvedgingfarmin
ggAnswer:g A
Diff:g2 Type:gMC
PagegRef:g27gSkill:g Comp
rehension
Objective:g 2.2
9) Thegmaingmeasuregofggrowthgingangeconomicgsystemgis
A) thegbusinessgcycle.
B) standardgofgliving.
C) grossgnationalgproduct.
D) grossgdomesticgproduct.
E) aggregategoutput.
gAnswer:g E
Diff:g1 Type:gMC
PagegRef:g27gSkill:g Know
ledge
Objective:g 2.2
10) Whichgisgthegbestgexplanationgforgwhygstandardgofglivinggonlygincreasesgthroughgproductivity
?
A) Thegmoreggoodsgthatgaregavailable,gtheglowergpricesgwillgbe.
B) Moreggoodsgaregavailablegwithoutghavinggtogcomegbygadditionalgresources.
C) Productivitygincreasesgthegmoneygsupplygingangeconomy.
D) Purchasinggpowergincreasesgwhengtheregisgmoregconsumergchoice.
E) Pricesgaregdeterminedgbygthegstandardgofgliving
.gAnswer:g B
Diff:g1 Type:gMC
Copyrightg©g2017gPearsongCanadagIn 2-3
c.
mynursytest.store
BusinessgEssentials,g8ceg Chapt
erg2:gThegEnvironmentgofgBusiness
Chapterg2g g ThegEnvironmentgofgBusiness
2.1 Multiple-ChoicegQuestions
1) Ingtermsgofgorganizationalgboundariesgandgenvironments,gwhichgisgcorrect?
A) Largegbusinessgfirmsgaregheavilyginfluencedgbygeventsgingthegexternalgenvironment,gbutgsma
llgbusinessgfirmsgaregmuchglessginfluenced.
B) Nogsinglegfirmgcangcontrolgthegenvironment.
C) Mostgorganizationsghavegagsinglegenvironment,gbutgsomeghavegmultiplegenvironmentsgthe
ygmustgcopegwith.
D) Thegmajorgelementsgofgthegexternalgenvironmentgaregmarketing,gfinance,gproduction,gan
dghumangresources.
E) Thegmostgimportantgfeaturesgofgthegexternalgenvironmentgaregthegpoliticalgandgsocialgaspect
s.gAnswer:g B
Diff:g2 Type:gMC PagegRef:g25-
26gSkill:g Comprehension
Objective:g 2.1
2) Distributorsgwhogaregingaggrocerygstoregrestockinggshelvesgaregnormallygconsideredgpartgofgthe
rathergthangtheg .
A) environment;gculture
B) organization;genvironment
C) culture;gstore
D) environment;gorganization
E) nonegofgthesegaregcorrect
gAnswer:g D
Diff:g2 Type:gMC
PagegRef:g25gSkill:g Comp
rehension
Objective:g 2.1
3) A(n)g separatesgthegorganizationgfromgitsgenvironment.
A) organizationalgboundary
B) processgboundary
C) enterprisegresource
D) aggregategoutput
E) integration
gAnswer:g A
Diff:g1 Type:gMC
PagegRef:g25gSkill:g Know
ledge
Objective:g 2.1
Copyrightg©g2017gPearsongCanadagIn 2-1
c.
mynursytest.store
,DOWNLOADgTHEgTestgBankgforgBusinessgEssentialsg8thgEditiongEbert
BusinessgEssentials,g8ceg Chapt
erg2:gThegEnvironmentgofgBusiness
4) HowgmightglowginflationglevelsgingtheggeneralgeconomygaffectgagcompanyglikegMcDonald's?
A) McDonald'sgwillgpaygmuchghighergpricesgforgsuppliesgandgwillgchargegcustomersgmoregforgit
sgproducts.
B) McDonald'sgwillgpayghighergpricesgforgsuppliesgandgwillgchargegcustomersgmoregforgit
sgproducts.
C) McDonald'sgwillgpaygrelativelygconstantgpricesgforgsupplies,gbutgwillgbegunablegtogincreasegth
egpricegpaidgbygcustomers.
D) McDonald'sgwillgpaygrelativelygconstantgpricesgforgsuppliesgandgwillgchargegcustomersgmor
egforgitsgproducts.
E) McDonald'sgwillgpayghighergpricesgforgsupplies,gbutgwillgbegunablegtogincreasegthegpricegpai
dgbygcustomers.
Answer:g C
Diff:g3 Type:gMC
PagegRef:g26gSkill:g Comp
rehension
Objective:g 2.2
5) Agriculturegefficiencyghasgresultedgin
A) Canadiansgcontributinggmoregresourcesgtogfarms.
B) angincreasegingthegnumbergofgpeoplegemployedgingthegindustry.
C) Canadiansgneedinggmoregfarms.
D) agdecreasegingthegnumbergofgpeoplegemployedgingthegindustry.
E) nonegofgthese.
gAnswer:g B
Diff:g2 Type:gMC
PagegRef:g27gSkill:g Comp
rehension
Objective:g 2.2
6) SincegthegincreasegingthegunemploymentglevelgingagsmallgAtlanticgCanadiangtown,gretailersghav
egnoticedgthatgsalesghavegdecreased.gThegretailersgaregbeinggaffectedgbygwhichgelementgofgthegext
ernalgenvironment?
A) Socio-cultural
B) Economic
C) Environmental
D) Global
E) Political-
legalgAnswer:g B
Diff:g2 Type:gMC
PagegRef:g27gSkill:g Comp
rehension
Objective:g 2.2
Copyrightg©g2017gPearsongCanadagIn 2-2
c.
mynursytest.store
, DOWNLOADgTHEgTestgBankgforgBusinessgEssentialsg8thgEditiongEbert
BusinessgEssentials,g8ceg Chapt
erg2:gThegEnvironmentgofgBusiness
7) Atgonegtime,gabout
ofgthegpopulationgofgCanadagwasginvolvedgingproducinggthegfoodgthatgwegneeded;gtodayglessgt
han percentgofgthegpopulationgworksgingagriculture.
A) half;g0.5
B) half;g2.5
C) one-third;g5
D) three-quarters;g2.5
E) four-
fifths;g3gAnswe
r:g B
Diff:g3 Type:gMC
PagegRef:g27gSkill:g Know
ledge
Objective:g 2.2
8) Agriculturalgproductionghasg becauseg .
A) grown;gweghavegincreasedgtotalgoutputgingthatgsector
B) increased;gCanadagimportsgmoregagriculturalgproducts
C) declined;gfewergCanadiansgaregworkinggingagriculture
D) remainedgunchanged;gthereghavegbeengrelativelygfewgchangesgingagriculturalgtechnology
E) increased;gmoregpeoplegareginvolvedgingfarmin
ggAnswer:g A
Diff:g2 Type:gMC
PagegRef:g27gSkill:g Comp
rehension
Objective:g 2.2
9) Thegmaingmeasuregofggrowthgingangeconomicgsystemgis
A) thegbusinessgcycle.
B) standardgofgliving.
C) grossgnationalgproduct.
D) grossgdomesticgproduct.
E) aggregategoutput.
gAnswer:g E
Diff:g1 Type:gMC
PagegRef:g27gSkill:g Know
ledge
Objective:g 2.2
10) Whichgisgthegbestgexplanationgforgwhygstandardgofglivinggonlygincreasesgthroughgproductivity
?
A) Thegmoreggoodsgthatgaregavailable,gtheglowergpricesgwillgbe.
B) Moreggoodsgaregavailablegwithoutghavinggtogcomegbygadditionalgresources.
C) Productivitygincreasesgthegmoneygsupplygingangeconomy.
D) Purchasinggpowergincreasesgwhengtheregisgmoregconsumergchoice.
E) Pricesgaregdeterminedgbygthegstandardgofgliving
.gAnswer:g B
Diff:g1 Type:gMC
Copyrightg©g2017gPearsongCanadagIn 2-3
c.
mynursytest.store
