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WorksheetsU3T1 Competitive Markets QCE
Total questions: 20
Worksheet time: 12mins
What is another important factor to consider when expanding globally other than environmental factors of STEEPLE?
Culture
FTA's
Distance
Business Structure
What expansion strategy focusses on a small segment of the market with unique characteristics?
(a)
Investigating ways to improve, invent or gain a competitive advantage, is which expansion strategy?
Emerging Technologies
Niche Market
Research & Development
Innovation
Which of the following is NOT a mode of entry?
Importing and Exporting
Strategic Alliance
Licensing
Research and Development
Shell has a Strategic Alliance with which business?
Dell
Microsoft
Apple
Xero
The relocation of a business process or activity performed in one country to another country with the same or different business name is called?
Outsourcing
Overseas Manufacturing
Sales Subsidiaries
Offshoring
A subsidiary of Nike is ...
Reebok
Converse
Cole Haan
Runtastic
A subsidiary of Woolworths Group is ...
Big W
Officeworks
Wesfarmers
Bunnings
An organisation that buys goods and services and resells to retailers or consumers is a
(a)
Who acts as a representative of a supplier but does not take ownership of goods?
Distributor
Agent
Competitor
Subsidiary
A contingency plan suggested for business by Business Qld is ...
Identify,
Prevent,
Response,
Recovery
Preparedness, Prevention, Response, Recovery
Identify,
Preparedness,
Prevent,
Reflect
Prevention, Preparedness, Response, Recovery
The employment cycle is represented by ...
Acquisition
Development
Maintenance
Separation
Development
Acquisition
Separation
Maintenance
Advertise
Employ
Maintenance
Review
Development
Employ
Maintenance
Secondment
Locke's goal setting theory suggests that goals should be ...
(a)
Maslow's hierarchy of needs theory suggests that various needs are to be met before an individual reaches the top need in the hierarchy which is?
Physiological
Belongingness
Esteem
Self-Actualisation
The two factors that make up Herzberg's two-factor theory are?
Goals
Satisfaction
Hygiene
Motivation
Motivation
Safety
Satisfaction
Belongingness
Reasons for investing in staff wellbeing to promote loyalty and retention are?
Increased moral
Increased productivity
Reduced absenteeism
Better relationships between employee and management
The MACRO environment can also be identified as
(a)
Which is not an internal environmental factor?
Consumer
Employee
Organisational Structure
Owner
Which is not an external operating environment?
Competitors
Consumers
Employees
Manager
Which of the following is not a criteria used to evaluate in business?
stakeholder satisfaction
effectiveness
productivity
efficiency
