competitive environment
Assessment
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Deleted User
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Business
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9th - 11th Grade
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15 plays
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Medium
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10 questions
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1.
Multiple Choice
What is a competitive environment?
When there is no competition in the area
When there are businesses similar in the area
A dynamic external system in which a business competes and functions
2.
Multiple Choice
What will lowering prices create?
lower profits
higher profits
no profit
breaking even
3.
Multiple Choice
Where would be the best place to start a hairdressing business?
Sports stadium
A town centre
Close to a housing estate
Close to competitors
4.
Multiple Choice
What is a good example of good customer service?
Refunding an item for a customer
Smiling at customers
Not listening to customers requests
Offering your help and service to a customer
5.
Multiple Choice
What can a business do to stand out?
change the brand name
have a logo
differentiate a product or service
have a mascot
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