Criteria
Measures whether employees or customers are content with current conditions.
Stakeholder satisfaction
The department that looks after staffing of an organisation
Human Resources (HR)
Examines INTERNAL and EXTERNAL elements of a business.
SWOT
When a business begins to experience a significant decline in sales
Post-maturity
what is the largest planet in our Solar System?
Jupiter
Used when more than 1 business are compared.
Competitiveness
The business function responsible for the monetary position and performance of a business.
Finance Function
An analytical tool that determines what gives a business a competitive edge over others in the same industry.
A USP analysis
The stage where initial testing and feedback from family, friends and industry experts is sought
what is the name of the process by which plants convert sunlight into energy?
Photosynthesis
How well a business uses its resources.
Efficiency
This function is involved the research and product development.
Marketing
All analytical tools must include:
correctly classified information, reference and D__?
Data
The riskiest stage of the business life cycle.
Start-up
Which element has the chemical symbol Ag?
Silver
Determines whether a business has reached a goal or objective.
Effectiveness
This business functioning determines promotional strategies and pricing.
Marketing.
A tool that analyses 5 external threats to the business
Porter's Five Forces
Generally the longest stage of the business life cycle
Maturity
Who was the first PM of Australia?
Edmund Barton.
Dot points that follow an evaluative response
Recommendations
The part of the business responsible for transforming raw materials into goods or services
Operations
7 Letter acronym
Tool that analyses macro-environmental factors
STEEPLE analysis
What is the capital city of Canada?
What is the capital city of Canada?