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Worksheets11BUS Criteria
Total questions: 14
Worksheet time: 7mins
The four criteria we evaluate against are:
Competitiveness
Effectiveness
Efficiency
Efficacy
Stakeholder Satisfaction
A business releasing a new product that adds to their competitive advantage is an example of...
Efficiency
Effectiveness
Competitiveness
Stakeholder Satisfaction
__________ evaluates how well the business has achieved desired goals and objectives.
Competitiveness
Efficiency
Effectiveness
Stakeholder Satisfaction
__________________ requires a business to first understand their stakeholders and their interests.
Competitiveness
Efficiency
Effectiveness
Stakeholder Satisfaction
______________ is used to make judgments on two businesses where one has outperformed the other.
Competitiveness
Efficiency
Effectiveness
Stakeholder Satisfaction
A business implementing a strict employee selection process to ensure only the best candidate is selected for the job is an example of...
Efficiency
Effectiveness
Competitiveness
Stakeholder Satisfaction
How well the business has optimised its use of resources and application of processes in achieving goals and objectives refers to...
Competitiveness
Efficiency
Effectiveness
Stakeholder Satisfaction
How well the business has solved targeted problems refers to...
Competitivness
Efficiency
Effectiveness
Stakeholder Satisfaction
_______________ refers to how well the business has considered and managed the expectations of its stakeholders.
Competitiveness
Efficiency
Effectiveness
Stakeholder Satisfaction
To what degree a businesses products and/or services meets or exceeds market standard in relation to other businesses refers to...
Competitiveness
Efficiency
Effectiveness
Stakeholder Satisfaction
A business modifying their product to better suit the wants of consumers is an example of...
Efficiency
Effectiveness
Stakeholder Satisfaction
Competitiveness
____________ refers to the business's ability to achieve its best with the least time and effort.
Competitiveness
Effectiveness
Efficiency
Stakeholder Satisfaction
A business employing younger staff on weekends to reduce wage expenses is an example of...
Efficiency
Effectiveness
Competitiveness
Stakeholder Satisfaction
How well the business has achieved goals and objectives refers to...
Competitiveness
Efficiency
Effectiveness
Stakeholder Satisfaction
