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BM Unit 1 - AOS3 (Business Environments) Revision Flashcards | StudBud
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BM Unit 1 - AOS3 (Business Environments) Revision
BM Unit 1 - AOS3 (Business Environments) Revision
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Business Management
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Questions
31
Answers
1
factors which the business has little control; it is divided into 2 categories: operating/macro
Internal
Macro
Operating
External
2
Which of the following would not be from the internal environment?
Employees
Special Interest Groups
Policies
Corporate Culture
3
Which of the following is not a special interest group?
Fair Work Commission
Business Associations
Unions
Consumer Groups
4
laws made by parliaments and courts which affect how businesses operate and behave?
Societal
Economic
Political
Technological
5
pressures on a business to take into account the broader social welfare of the community?
Societal
Economic
Political
Corporate Social Responsibility
6
Which of the following is not part of Troughs in the business cycle?
Wages and salaries at high levels
Sales & Profits at low levels
High level of Unemployment
Business operating below full capacity
7
Exchange rates are not affected by which of the following?
GST
Interest Rates
The balance of Trade
Rate of Inflation
8
What is one way that competitors don't influence a business?
Globalisation
Locations
New technology
Prices
9
Which of the following is not a role of the Work Health and safety Act?
health/safety of members of the public aren't placed at risk
securing the health, safety and welfare of employees at work
discarding health, safety and welfare standards
eliminating, at the source, risks to health
10
Which of the following is not part of expansion in the business cycle?
Increasing business investment
Unemployment falling
Increasing consumer spending
Rising Unemployment
11
Which of the following is a not a negative of having only online sales?
Expertise to run it
Smaller market
Websites crash
Expensive for a quality website
12
Which of the following is not an example of a global issue?
Exchange Rates
Overseas competitors
Offshoring labour
Interest Rates
13
those factors over which the business has some degree of control?
Operating
External
Internal
Macro
14
Which of the following is not from the Operating Environment?
CEO
Unions
Competitors
Customers
15
the conditions and trends in the economy and society within which a business operates?
Macro
Operating
External
Internal
16
Which of the following is not a competitor of CGS?
Secondary Schools
Private Schools
TAFE
Universities
17
Which of the following is not a way businesses can be socially responsible?
Protect the safety of customers
Pay suppliers low prices
Develop the skills of employees
Minimize waste & Pollution
18
the issues related to the growing use of tools, techniques or systems?
Corporate Social Responsibility
Technological
Global
Political
19
Which of the following is not a customer of CGS?
Students
Parents
Government
Teachers
20
factors relating to changes in the attitudes, behaviour, tastes and lifestyles of communities?
Economic
Societal
Technological
Global
21
Which of the following according to the textbook does not affect exchange rates?
the rate of inflation
interest rates
the balance of trade
GST
22
Which of the following is not a benefit of technological development?
increase efficiency and productivity
create new products
improve the quality and range of goods and services
products and businesses becoming rapidly obsolete
23
pressures that arise as a result of businesses operating in worldwide markets?
Corporate Social Responsibility
Global
Societal
Political
24
the specific outside stakeholders with whom the business interacts in conducting its business?
Macro
Operating
External
Internal
25
Which of the following is not an example of a employment arrangement?
Full-time
Part-time
Flexi-time
Casual
26
Anti-Discrimination laws are found in which act?
Anti-Discrimination Act 2010
Equal Opportunity Act 2010
Anti-Harassment Act 2010
Employment Act 2010
27
Which of the following would be from the internal Environment?
Suppliers
Competitors
Customers
Managers
28
Which of the following is not a way to protect intellectual property?
Copyright
Patients
Patents
Trademarks
29
Which of the following is a stakeholder from the Operating Environment?
Employees
Managers
Location
Suppliers
30
set of influences that relate to economic activity; eg. interest rates, wages & unemployment?
Technological
Economic
Corporate Social Responsibility
Global
31
Which of the following is not an example of a health regulation?
Treating spills
correct food handling
Temperature for food storage
employee clothing
