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Higher Business Management Final Exam Revision Flashcards | StudBud
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Higher Business Management Final Exam Revision
Higher Business Management Final Exam Revision
30 terms
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#Higher #Business #Management #YOUNEEDTOREVISE
Flashcards
30 cards
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Practice quiz
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Questions
30
Answers
1
What is influence of suppliers?
Protest
Complain
Shop elsewhere
Provide deals and discounts
2
What is delayering?
Promoting employees
Widening business
Adding layers of management
Removing layers of management
3
Which of these is an internal factor?
Competition
Political
Human Resources
Economic
4
Which of these is not a type of decision?
Operational
Tactical
Strategic
Daily
5
Which of these is not a sector of industry?
Tertiary
Quaternary
Third
Primary
6
What type of relationship does a manager have with another manager?
Lateral
Long
Short
Line
7
Which of these is a feature of an LTD only?
Owned by invited shareholders
Financed by share issue
Owned by any shareholders
Controlled by Board of Directors
8
Which of these is not part of a SWOT analysis?
Strengths
Threats
Times
Weaknesses
9
Which stakeholder do the government need to pay taxes?
Managers
Local community
Banks
Suppliers
10
Which of these is an advantage of a multinational?
Profits shared with host country
Cultural differences
Cheaper labour abroad
Low-skilled labour
11
Which is a disadvantage of a franchise?
Less risk
Whole reputation can be ruined if poor business
Increased market share
Franchisee given business plan
12
Which stakeholders conflict over wage increases and prices decreasing?
Employees and government
Suppliers and government
Managers and banks
Employees and customers
13
Which factor would be affected if more women are in workplace?
Social
Competition
Technological
Environmental
14
Which of these defines span of control?
Number of subordinates a manager is in control of
Length of time business has been open for
Size of business
Length of time for decisions to be made
15
Which of these would be an effect of a lack of finance for a business?
Employees would receive bonuses
Business would not be able to grow
New products developed
Machinery would be updated
16
How can a good corporate culture be recognised?
Uniforms
Strikes
Staff arguments
Long holidays
17
Which of these is not a type of grouping?
Functional
Customer
Stakeholder
Geographical
18
Which sector is controlled by government?
Public
Private
Third
Tertiary
19
Which of these is not an objective of private sector?
To use taxpayers money effectively
To provide good customer service
To make profit
To maximise sales
20
What would the affect of Coca Cola be if a new company selling soft drinks opened?
Betrayal
Decrease in market share
Poor reputation
Increase in customers
21
Which of these is not an internal organisational structure?
Long
Flat
Matrix
Tall
22
Which of these is not an internal stakeholder?
Cleaners
Government
Manager
Employee
23
Which of these defines limited liability?
Lose all possessions if in debt
Lose only your car if in debt
Lose nothing if in debt
Lose only money invested if in debt
24
Where does finance come from for public sector?
Overdrafts
Taxpayers
Loans
Shares
25
Which of these is not an internal method of growth?
Opening new stores
Increasing advertising
Introducing new products
Merger
26
Which factor is affected if interest rates increase?
Political
Technological
Social
Economic
27
Which stakeholder do managers need to provide good customer service?
Suppliers
Employees
Customers
Banks
28
What is the name of the money paid back to a franchiser?
Capital
Loan
Shares
Royalty
29
Which is of these is not a third sector business?
Public Limited Company
Charity
Voluntary Organisations
Social Enterprise
30
Which of these is not a functional department?
Finance
Office
Operations
Marketing
