WorksheetsBusiness environments
Total questions: 15
Worksheet time: 8mins
a ---------- is the roadmap of the business.
(a)
a SWOT analysis is an (a) into the business and the environments in which it operates.
Describe a viable business opportunity.
What sector is this business?
Public
Private
Social Enterprise
Globalisation is the process wherby businesses operate on an international scale
True
False
A shop assistance who uses their knowledge to assist the customer on which color furniture they should purchase to match their home décor, belongs to which economic sector?
Quinary
Primary
Tertiary
Quaternary
Business has _____ control over the MACRO Environment
Complete
Some Control/influence
No
A challenge related to a natural disaster is a factor in the ....... business environment.
Micro
Market
Macro
The level of Management that makes strategic decisions
Lower
Middle
Top
Creative thinking is literal thinking
True
False
What are the four PATHS to establishing an entrepreneurial venture?
Innovation, Growth potential, sound objectives, Management
Identifying an opportunity, Assessing resources required, Developing a business plan, Managing an entrepreneurial venture
Incubation, Start-up, Breakthrough, Maturity
Starting a new business, Buying an already established business, Franchise, Family Business
Definition of GLOBALISATION
Exploitation of local resources by the multinationals
Greater mobility of people
Development aid from states and world organisations
Increase of trade around the world among different countries
Cultural changes are in the ___________ environment
Micro
Market
Macro
Which of the following is not a problem solving technique?
Brainstorming
Indigenous knowledge
Deep thinking and analysis
Force field
Which sector contributes DIRECTLY to the Gross Domestic Profit (GDP) of South Africa
Formal
Private
Public
Informal
