POB Unit 3

Operational costs are reduced due to digitalisation.

Businesses are affected by interest rate because

Price is not a reflection of demand & supply.

How does a company determine that inflation has taken place?

ABC Ltd supplies office equipment to various ministries. Which one of the following is an example of the business model?

To "white-label" is to apply your name and brand to a generic product purchased from a distributor.

Which one of the following is not a factor affecting business operations?

Digitalisation poses cybersecurity risk among businesses.

Sam borrowed $500,000 from the bank. The interest rate on the loan is 4.5% per annum. Calculate the interest amount?

Which one of the following does not occur in a economic recession?

Globalisation is the process of interaction among people, companies and governments worldwide.

If our S'pore dollar is weak, it means our goods are attractive to foreigners as they seem cheaper.

Which one of the following is not a social change?

A rising population may mean more demand for the goods and services needed.

Which one of the following is a feature of a e-commerce business?

Artificial intelligence is relevant in the business area for Accounting.

Which one of the following is a way to generate revenue in e-commerce business?

Demand refers to how much (quantity) of a product or service is desired by buyers.

Changing trends and demographic changes are two factors that can affect a business in its

HR digital transformation is the transformation of HR functions, using data to guide all areas of HR.