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VCE BM Unit 1 AOS 2 External Environment Flashcards | StudBud
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VCE BM Unit 1 AOS 2 External Environment
VCE BM Unit 1 AOS 2 External Environment
17 terms
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#VCE #Business #Management #external #internal #environment #AOS2
Flashcards
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Questions
17
Answers
1
Factors relating to changes in attitudes, behaviour, taste and lifestyle of communities
External Factors
Societal Attitudes
Political Influences
Macro Factors
2
Customers, competitors, suppliers and special interest groups are the stakeholders in the...
Macro Environment
Operating Environment
Internal Environment
Business Environment
3
The set of conditions inside and outside a business is the:
External Environment
Operating Environment
Business Environment
Macro Environment
4
GST
Goods and Services Tax
Goods and Services Trade
Great services tax
Good and Services Terms
5
The two types of external environment are
Customers and Competitors
Internal and External
Day-time and Night-time
Macro and Operating
6
Laws and regulations made by parliaments and courts which affect how business operate
No control
Macro laws
Policies
Political and legal influences
7
The attitudes, behaviour, taste and lifestyle of people in the community are
Societal Attitudes
External Factors
Social Activities
Customers
8
The broad conditions & trends in society and the economy in which a business operates.
The Government
Macro Environment
Economic factors
Societal attitudes
9
The environment over which the business has most control
External Environment
Operating Environment
Internal Environment
Macro Environment
10
Growth phase of a business cycle
Contraction
Expansion
Peak
Trough
11
Suppliers from which the business buys materials and resources.
Supply Chain
Special groups
Sourcing Change
Supply Change
12
Price charged for the use of money
Interest Rate
Mortgage Rate
Loan rate
Internet Rate
13
Which factor covers community concern over plastic shopping bags?
Customers
Suppliers
Societal attitudes
Competitors
14
Groups of people who attempt to directly influence a business to adopt certain policies
Special groups
Special policy groups
Happy Tree Friends
Special interest groups
15
Employees, managers, location, legal structure are the main elements of which environment?
Internal Environment
Operating Environment
Inside the business
Micro Environment
16
Which external environment does the business directly interact with?
Oprah Winfrey
Operating Environment
Operating table
Operations system
17
Assessment of economic, environmental and social performance of a business
Triple Batch Line
Triple Jump Line
Triple Bottom Line
Triple Effect Line