12 BUSINESS UNIT 3 TOPIC 1

The PPRR model stands for:

Seeks to find new opportunities to exploit for new businesses.

Involves selling shares to raise capital from investors

Innovates processes and systems and ways or working in the business.

Mature businesses that are seeking to expand into the the global markets can seek support from ASIC.

A business should provide clear pathways that allow employees to fulfill their career aspirations.

Which is NOT a stage of the employment cycle?

In expanding beyond the home market, a business may still rely on the support of the founding/parent company....

When investigating expanding beyond the home market, the most important details a business must consider is:

Working with a different manufacturer to use the original manufacturer name and apply it to items in the new market.

Business founder and owner.

Targeting a small subset of a market with narrow psychographic and demographic descriptors is....

Leaders who take the initiative and lead by example.

_ is a form of licensing that allows a business owner to operate a business model as an 'alter ego' of a parent company

Leaders who inspire team members with a shared vision.

Part of ________ financing includes the business reviewing the level of risk they wish to be exposed to.

How many stages in the Risk Management Process?

A primary benefit of government funding during expansion is:

Getting the work done in a different country is:

Overlapping effective leading and managing is a competitive advantage for growth in the maturity stage.

Leader's position power, task structure; and leader-member relations are elements of:

Which below is a psychographic descriptor:

To negate some risk of global transactions, businesses may participate in _________ transactions to manage risk of loss.

A business uses their existing savings to invest in bonds, shares or securities...

What type of financial analysis during expansion in the maturity stage should occur?

An IPO stands for:

What does a STEEPLE analysis consider that a PEST or PESTLE does not:

What are the 3 x Ps of the Triple Bottom Line

A business that is owned and controlled by a larger company is called a subsidiary.

Mature businesses seeking to diversify and enter new markets need a source of funding

'Maslow's Hierarchy of Needs' and 'Seligman's positive psychology' focus on increasing:

Global expansion is best described as:

Fiedler's Contingency Model has how many elements:

ASIC is responsible for regulating & supporting financial services in Australia. What does it stand for?

A psychologist who studied leaders and leadership theories in the 1960s.