Business Studies Grade 10 Revision 1

The micro environment refers to the internal environment of the business.

• True

• False

The businesses resources include physical, human, financial and technological resources.

• True

• False

A cleaner sets the vision, sets aims and goals and a new vision.

• True

• False

Middle management is responsible for making strategic decisions.

• True

• False

Data refers to (a)  

A good manager must have _____

• lazy manners.

• good communication and listening skills.

____ are amounts provided by government to businesses.

• Grants

• An overdraft

An ____ is similar to a loan which must be paid back with higher interest.

• underdraft

• overdraft

____ capital is money provided by a person to help a start-up business, in exchange for a a share in the business.

• Adventure

• Venture

The ____ is responsible for establishing good relations with consumers, suppliers and investors.

• public relations

• marketing department