Grade 10 Business quiz

The "S" in SWOT analysis stands for?

Characteristic of Micro, Market and Macro environments

• Complex

• Economic

• Multi - faceted

• Dynamic

Business in the private sector is owned by private

These are factors such as inflation, exchange rates, interest rates and taxes.

Market environment consists of

• Competitors

• Resources

• Consumers

People who buy the product

Is when two or more businesses work together

• Intermediaries

• Strategic alliances

• Human resources

• Competitors

What are resources needed in a business

• Human resources

• Business culture

• Capital

• Entrepreneurship

The "T" in PESTLE stand for what?

Factors which could limit the success of business