9 EMS Chapter 5, 6 and 7

Clothing manufacturing forms part of which sector?

Miriam Makeba and Kurt Darren both work(ed) in the _____ sector of the economy

The … buys goods from the manufacturer and sells these to the final user.

This leadership style is used when a crisis occurs and there is no time for discussions

What does the W is SWOT stand for?

When there are favourable reports in the media that the business did not have to pay for, this is known as…

Salaries and wages are a business’ largest expense

Which one of the following concepts is not one of the tasks of General Management?

This sector of the economy becomes smaller in developed countries.

The Break-even point is that point where the business makes neither a profit nor a loss.

A factor over which management has no control:

Which factor is not part of identifying your target market?

The process where actual results are compared with what was planned during the planning process is known as ...

The companies Vision is ...

A design that the manufacturer places on a product to inform the purchaser who made the product is known as the …

The four marketing instruments are…

What does GDP stand for?

Variable cost: these costs remain the same no matter how many items are manufactured

SABC falls under the public sector

a Public company falls under the Private sector

If the business does research to find out about the demand for a product, this is referred to as…

Street vendors falls under the formal sector

Which sector is responsible for the extraction of raw materials