what are the factors affecting the choice of finance

Terms of finance; overall cost; level of control

when local councils allocate land for different uses

When purchasing an existing business...

a good business history increases likelihood of success

SWOT analysis stands for

Strengths Weaknesses Opportunities Threats

A business model is a...

plan that outlines how the business will run its operations

provides advice on legal matters

are people that provide their skills and knowledge

What is the difference between a feasibility study and market research?

F.S looks at the viability whereas M.R collects records info

BEC - Business Enterprise Centre is...

an organisation which provides support to owners

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Planning a Business - Internal Environment

13 termsStudBud Administration113 plays

There are many factors within a business that affect how it operates. It is these factors that make up the internal environment of the business.

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Questions 13

Answers

1
Why corporate Social responsibility?
to have a stronger relationship with your workers
increases staff morale
reduces boycotting
all of the above
2
what are the factors affecting the choice of finance
The business structure; business model; terms of contract
all of the above
terms of contract; the business model; unlimited liability
Terms of finance; overall cost; level of control
3
Shopping centres are great because...
they have parking for several hundred cars
you can find heaps of discounts
all of the above
they are a great place to hang out with your friends
4
zoning is...
when you star thinking of other things
similar to coning
when local councils allocate land for different uses
where any business can use land for anything
5
When purchasing an existing business...
a good business history increases likelihood of success
time is needed to develop a customer base
there is no goodwill for which the owner has to pay
the owner can determine the pace of growth and change
6
SWOT analysis stands for
Skills Weaknesses Opportunities Threat
none of the above
Strengths Weaknesses Opportunities Threats
Services Workers Owners Tax
7
A business model is a...
sole proprietor with unlimited liability
beautiful person who owns a business
plan that outlines how the business will run its operations
private company with limited liability
8
Who isn't an entrepreneur
Richard Branson
Cassandra Sainsbury
Carolyn Creswell
Kristina Karlsson
9
solicitors....
is a financial professional
provides advice on legal matters
all of the above
are not for profit organisations
10
Labour resources...
are tools and machinery that are used for the business
are people and objects that are needed
are people that provide their skills and knowledge
are government regulated
11
Innovation is...
significantly improving a good or service or process
the process of creating a new way of doing something
creating a new good, service or process
all of the above
12
What is the difference between a feasibility study and market research?
F.S looks at the viability whereas M.R collects records info
F.S. looks at fees and M.R looks at the market
nothing...they are both the same
F.S looks at business concept and M.R looks are conditions
13
BEC - Business Enterprise Centre is...
the states largest multi-industry employer organisation
an organisation which provides support to owners
provide advice on financial services
local associations of business people

Planning a Business - Internal Environment Flashcards | StudBud