Business Studies

The management task referring to the transfer of authority to sub-ordinates so that daily tasks can be accomplished, is....

• control

• delegation

• organisation

• planning

The ...... Act recognises the right of workers to picket.

• Employment Equity

• Basic Conditions of Employment

• Black Economic Empowerment

• Labour relations

An advantage of Wimpy having a strong brand could be that....

• management is able to offer below-inflation salary increases

• environmental scanning is neglected

• performance appraisals are limited to top level management

• the brand inspires customer loyalty leading to higher sales

The following statement is false. Change the underlined word to make the statement true.

1. A fast-food franchise will use a PESTLE analysis when considering challenges from the market environment.

The...... Act provides guidelines to ensure that the contract of employment signed by both parties, is valid.

• Basic Conditions of Employment

• Employment Equity

• Compensation for Injuries and Diseases

• Skills Development

Top level management is responsible for...

• the long-term strategic business plan, including the vision, mission, objectives and strategies for the overall business

• tactical plans, which involve the acquisition of resources needed by the departments they control

• planning work schedules and programs on a daily basis

• none of the above

A business buys one of its suppliers in order eliminate the power of the supplier in the process.

• Forward integration

• contractual capacity

• Backward integration

• Corruption

Which one of the following factors is NOT part of the pestle analysis?

• Employee motivation

• Exchange rates

• Labour relations act

• Environmental awareness

Customers possess a high level of power when...

• the business has many substitute products in the market

• the business has many large clients

• there are a few suppliers in the market

• the government control access to the market

A..... is appointed in a position of authority which enables him/her to insist on people doing as he/she instructs.

• leader

• manager