Business environment bingo

Exercise and reference answers

Clues and terms

1. Clue

   Sum of everything outside the business firm.

   Item

   Totality

2. Clue

   Investor or customer affecting one firm directly.

   Item

   Specific force

3. Clue

   Social or legal condition affecting all firms.

   Item

   General force

4. Clue

   Feature meaning the environment keeps changing.

   Item

   Dynamic

5. Clue

   Feature meaning it is hard to grasp at once.

   Item

   Complexity

6. Clue

   Feature meaning it differs across countries.

   Item

   Relativity

7. Clue

   Watching the environment to spot trends early.

   Item

   Scanning

8. Clue

   Part of the 1991 economic reforms.

   Item

   Liberalisation

9. Clue

   Dimension covering policy, income and markets.

   Item

   Economic

Instructions

Read each clue and tap the term it describes.

Explanation