Yr12 Business Competitive Markets U3.1

Outsourcing is hiring a lawyer instead of employing one

Take steps before an incident to ensure effective response and recovery

Etiquitte refers to behaviuours that are considered polite and acceptable.

Which is not a Triple Bottomline Factor?

Which is NOT a top trading partner of Aus?

Hedging is determinging the value of one currency for the purpose of conversion to another.

RBA meets the 1st Thursday of every month to determine the cash rate.

Domestic Markets = the supply of and demand for goods within a single country also referred to as the internal market.

Emerging Markets are countries that have had an increased disposable income

The replication of a business product into new markets = Vertical Growth

Motivation Strategies for Expansion

Which is not a characteristic of the Maturity Stage?

Which is NOT and advantage of emerging market expansion?

Intrapreneurs has minimum risk and receives lower rewards.

A rise in the cash rate only influence the business if...

This product focuses on putting an existing product into an entirely new market

Fostering entrepreneurship is a HR strategy

Which is not a HR strategy?

Which is NOT an element of STEEPLE

Which is NOT an EXPANSION STRATEGY?

The total value of everything produced by all the people and companies within a country.

RISK MANAGEMENT = Prevention + Response + Preparedness + Research

Modes of Entry - which is not correct?

A lot of risk for businesses that expand through the investment in capital markets for example

Primary benefits of government grants is that the business does not have to pay anything back.

Which is NOT a Financial strategy?

Offshoring is having employees in other countries doing your telemarketing.

Some of the goals and objectives often identified by a business during strategic planning in the maturity stage include:

This strategy focuses on expanding sales of existing products in the existing market

Ansoff Matrix elements doesn't include?

The means by which a business sets out to achieve it’s goals/objectives = Strategy?

Private equity: The investment of money into private companies whereby capital is usually from institutional investors?

.... is a strategy that tries to limit risks in financial assets.

Money in capital markets = where investors engage in trade of financial securities to grow investment capital.

Which are Financial Strategies in the maturity stage?