2025 - MNO3704 - ASSESSMENT 03 - QUESTIONS AND ANSWERS - SEMESTER 2

2025 – S1 – MNO3704 – ASSESSMENT 3 – Q&A



Assessment 3
Started on Monday, 7 April 2025,
State Finished
Completed on Monday, 7 April 2025,
Time taken
Marks 30.00/30.00
Grade 100.00 out of 100.00


Question 1
A business has control over the factors and components of the Macro Business
Environment

a.
True
b.
False

Feedback
The correct answer is: False



Question 2
Global scale responses to environmental impact in the form of conventions and
protocols, influence the Market Business Environment in such a manner that the
Micro Business Environment is impacted directly.

a.
False
b.
True

Feedback
The correct answer is: True



Question 3

1

, 2025 – S1 – MNO3704 – ASSESSMENT 3 – Q&A


The elements of the macro business environment include the…

a.
Economic, technological, intermediary, social, physical, institutional and international
environments
b.
Technological, social, purchasing, institutional, international and economic
environments
c.
Social, physical, economic, international, institutional, technological environments
d.
None of the above

Feedback
The correct answer is: Social, physical, economic, international, institutional,
technological environments



Question 4
The environmental governance tools used in the economic environment mostly
comprise of…

a.
Fiscal instruments and all command and control tools
b.
Fiscal instruments and globalisation
c.
Fiscal instruments and certain command and control tools
d.
Fiscal instruments and consumer behaviour

Feedback
The correct answer is: Fiscal instruments and certain command and control tools



Question 5
The following statement relates to which of the business market environments?
"Green tax is the most direct method of influencing the way business is conducted."

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