Preliminary Business Studies - Syllabus Flashcards

1

There are 4 stages of the Business Life cycle

True
False

2

Ethical Business Behaviour is part of management processes

True
False

3

Influences in establishing a SME include

Sources of information, legal issues and profit
personal qualities, the business idea and establishment options
economic contribution, the business idea and sources of information
innovation, the business idea and taxation

4

How many issues of business success and failure are there in topic 3 ?

6
9
7
8

5

The first topic of the Yr 11 course is called

Topic One
The nature of Business
The role of the Business environment
Business concepts and terms

6

Influences in the business environment is part of Topic 2 - Business Management

True
False

7

Human Resources includes

quality management
business culture
management consultants
recruitment

8

Corrective Action is part of the business planning process

True
False

9

The three approaches to Management are found in which topic ?

Topic one - The Nature of Business
Topic 2 - Business Management
Topic 4 - Business Success and Decline
Topic 3 - Business Planning

10

Which of the following is a forecasting tool ?

Break even analysis
Income statement
Balance Sheet
Tax Return

11

Management and change is found in topic one - The Nature of Business

True
False

12

Topic Three focuses on SME's

False
True

13

There are 4 approaches to management ?

True
False

14

Classification of a business includes

size, industry, establishment date
legal structure, industry, government sector
size, industry, legal structure
size, name, location

15

Competition situation is an internal influence.

False
True

Preliminary Business Studies - Syllabus

Questions 15

Preliminary Business Studies - Syllabus

Questions 15