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WorksheetsBusiness Studies
Total questions: 16
Worksheet time: 13mins
The management task referring to the transfer of authority to sub-ordinates so that daily tasks can be accomplished, is....
control
delegation
organisation
planning
The ...... Act recognises the right of workers to picket.
Employment Equity
Basic Conditions of Employment
Black Economic Empowerment
Labour relations
An advantage of Wimpy having a strong brand could be that....
management is able to offer below-inflation salary increases
environmental scanning is neglected
performance appraisals are limited to top level management
the brand inspires customer loyalty leading to higher sales
The following statement is false. Change the underlined word to make the statement true.
1. A fast-food franchise will use a PESTLE analysis when considering challenges from the market environment.
The...... Act provides guidelines to ensure that the contract of employment signed by both parties, is valid.
Basic Conditions of Employment
Employment Equity
Compensation for Injuries and Diseases
Skills Development
Top level management is responsible for...
the long-term strategic business plan, including the vision, mission, objectives and strategies for the overall business
tactical plans, which involve the acquisition of resources needed by the departments they control
planning work schedules and programs on a daily basis
none of the above
A business buys one of its suppliers in order eliminate the power of the supplier in the process.
Forward integration
contractual capacity
Backward integration
Corruption
Which one of the following factors is NOT part of the pestle analysis?
Employee motivation
Exchange rates
Labour relations act
Environmental awareness
Customers possess a high level of power when...
the business has many substitute products in the market
the business has many large clients
there are a few suppliers in the market
the government control access to the market
A..... is appointed in a position of authority which enables him/her to insist on people doing as he/she instructs.
leader
manager
..... is a strategy in which a business acquires or merges with a supplier of raw materials needed in the production of its finished products
Backward integration
Forward integration
Heightened customer expectations, massive advancements in technology, and the rise of online commerce are just a few of the trends, reshaping the world of retail. Traditional approaches no longer work in the face of change; now is the time to clearly define new aspirations, make fundamental changes to operating models and rethink retail.
1. List 4 management tasks that retailers such as Spar would use when rethinking their retail operations.
The acronym SWOT stands for....
strategy, working capital, objectives and tactics
strengths, weaknesses, opportunities and threats
strengths, working capital, opportunities and tactics
strategy, weaknesses, objectives and threats
A social challenge that the business may face is:
exchange rates
a contagious disease such as Covid 19
a new president of the country
a new entrant to the market
Loadshedding presents a(n).... challenge to Eskom.
political
technological
economic
all of the above
An increase in the VAT rate is a challenge in the.... environment.
internal
macro
market
micro
