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Description
Quiz by michellebasson, updated more than 1 year ago
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Created by michellebasson
about 10 years ago
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Question 1
Question
What is an internal influence?
Answer
-
something outside the business that relates to how it runs
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a factor inside the business that relates to how it runs
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a factor inside and outside the business that relates to how it runs
Question 2
Question
What are the main product influences on a business?
Answer
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Types of products
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quality of products
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type of business
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size of business
Question 3
Question
What are the THREE types of business'?
Answer
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service
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manufacturer
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retailer
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global
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TNC
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domestic services
Question 4
Question
It does't matter where the store is located, as long as the products are of good quality
Answer
- True
- False
Question 5
Question
What does a good location do for a business?
Answer
-
Higher number of sales
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higher number of customers
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nothing, as long as the products are good quality
Question 6
Question
What are the factors of location?
Answer
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Visibility
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Proximity to customers
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proximity to suppliers
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proximity to support services
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cost
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whether or not people pass by
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the town its located in
Question 7
Question
The main resources available to a business are:
Answer
-
human, information, physical, financial
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human, natural, physical, management
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natural, physical, management, financial
Question 8
Question
A human resource includes the customers
Answer
- True
- False
Question 9
Question
A human resource is the employees of the company
Answer
- True
- False
Question 10
Question
the physical resource refers to the building the business is located in as well
Answer
- True
- False
Question 11
Question
A business needs a high level of structure in order for it to succeed
Answer
- True
- False
Question 12
Question
A business needs a high level of management in order for the operations to run smoothly
Answer
- True
- False
Question 13
Question
A business culture consists of FOUR essential elements
Answer
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heroes
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symbols
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rituals,rites and celebrations
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values
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dreams
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hopes
Question 14
Question
All business' have the same business culture
Answer
- True
- False
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