Business Studies yr 11

Quiz
•
Business
•
11th - 12th Grade
•
Medium

Breeze Zammit
Used 43+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
An Executive summary, goals, SWOT analysis and resource plans make up which business document?
Operational Plan
Business Plan
Business Forecast
Cash Flow Projection
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
A Human Resource plan includes identifying how many staff and what special skills/experience are required for success.
True
False
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Sources of planning come from both the internal and external environment. Government regulations, product suppliers and market competitors are examples of influences in the:
Internal environment
External environment
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
A SWOT analysis, is an acronym for:
Staff
Workplace
Opportunities
Trials
Strengths
Weaknesses
Opportunities
Threats
Strengths
Workplace
Operations
Threats
Staff
Weaknesses
Operations
Trials
5.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Strategic goal, Tactical objectives, and Operational goals should all link back to the business' vision. What level of management is responsible for identifying and implementing operational objectives?
Owner
Senior Management
Middle Management
Front-line Management
6.
MULTIPLE SELECT QUESTION
2 mins • 5 pts
What are some examples of long-term growth strategies?
(hint. choose 3 options)
Product innovation and quality
Market share expansion
Recruitment process
Greater production efficiency
7.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
A Strategic Alliance is when...
There are only two businesses in the market
When a business is chosen by the government to provide a good or service
Two or more businesses work together to provide a superior good or service
A business provides a discount to their customer to increase sales
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