F1 (BT) – Chapter 2 MCQ’s (The business environment) – ACCA

This is ACCA F1 (BT/FBT) Business and Technology MCQs.

These MCQs are designed in a way that students could better understand the exam format and get used to practice online. This approach will reduce exam stress and enable students to prepare better.

We request the students, Not to solve the MCQs until they have finished the chapter.

All the questions are compulsory, so do not skip any.


Course: ACCA
Fundamental Level: Knowledge, FIA
Subject: Business And Technology
Paper: F1 – BT
Chapter: The business environment
Chapter Number: 2 of the Practice and Exam Kit
Syllabus Area: A – The business organization, its stakeholders, and the external environment
Questions Type: MCQs
Exam Section: Section A

Number of the Questions

These MCQs Test consist of 18 Questions that covers the Chapter 2, The business environment of ACCA F1 (BT) Business and Technology Module.


These MCQs have a timer. Students have to finish the Test within the given time period so Students can get used to finishing the Exam within the Time Deadline.
As in ACCA Exam, there are 1.8 minutes per mark. So each 2 marks question have 3.6 minutes to complete.
This Test includes some MCQs that worth 2 marks and some worth 1 Mark. We therefore giving an average time to complete the Test.
This Test has 18 questions, so Students have total 32.4 minutes to complete the Test.


Students can see their result at the end of the test. Further, the correct and wrong questions. Moreover, the explanation of wrong questions.

Types of Questions

MCQs: Choose one from the given options.
Multiple choice: Choose all those answers which seems to you correct/ or incorrect, as per the requirement of the question. Keep your eye on the wording “(select all those which are correct/ or incorrect)“.
Drop down: Select from the list provided.
Type numbers: Type your answer in numbers as per the requirement of the question.

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F1 - Chapter 2 - The business environment

1 / 18

Porter's five forces model identifies factors which determine the nature and strength of competition in an industry.

Which of the following is NOT one of the five forces identified in Porter's model?

2 / 18

In the context of 'best practice' employment protection law, in which of the following circumstances is dismissal of an employee automatically considered unfair?

3 / 18

Which of the following is a support activity in Porter's value chain model?

4 / 18

What is the latest stage at which a new recruit to a company should first be issued with a copy of the company's health and safety policy statement?

5 / 18

Which of the following statements about the impact of technological developments on the role of accountants is NOT true?

6 / 18

Three of the following strategies are closely related. Which is the exception?

7 / 18

In Porter's five forces model, which of the following would NOT constitute a 'barrier to entry'?

8 / 18

BCD Co is a large trading company. Steve is the administration manager and is also responsible for legal and compliance functions. Sheila is responsible for after sales service and has responsibility for ensuring that customers who have purchased goods from BCD Co are fully satisfied. Sunny deals with suppliers and negotiates on the price and quality of inventory. He is also responsible for identifying the most appropriate suppliers of plant and machinery for the factory. Sam is the information technology manager and is responsible for all information systems within the company.

According to Porter's value chain, which of the managers is involved in a primary activity as opposed to a support activity?

9 / 18

Which of the following is NOT a legitimate method of influencing government policy in the interests of a business?

10 / 18

Technological developments such as automation and artificial intelligence mean that the role of the accountant and auditor to record and verify day-to-day transactions has become more important.

11 / 18

Which of the following would be identified as a cultural trend?

12 / 18

A recent trend in organisation and management is the rise in 'virtual organisation' and 'virtual teamworking'.

To which of the following environmental (PEST) factors is this most directly attributed?

13 / 18

Which of the following socio-cultural trends will have a direct impact on most business organisations?

(i) Increasing ethnic and religious diversity in populations
(ii) Falling birthrates
(iii) Focus on 'green' issues
(iv) Increase in single-member households

14 / 18

............................ is an analysis of statistics on birth and death rates, age structures of people and ethnic groups within a community.

Which word correctly completes the sentence?

15 / 18

For demographic purposes, which of the following is NOT a variable in the identification of social class?

16 / 18

What is an acronym used to describe the key elements of an organisation's external environment?

17 / 18

For what function in an organisation would demographic information about social class be most relevant?

18 / 18

Which of the following rights of data subjects is also known as the right 'to be forgotten'?

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