Chapter 1
SMART Goals stands for...
Specific, Measurable, Attainable, Relevant, Time Bound
SWOT analysis stands for?
Strengths, Weaknesses, Opportunities, Threats
Customers, Competitors, Suppliers, Special interest groups...are all?
Operating Environment
Planning a business
Ethnicity is...
Malaysian Chinese
Definition: the process of establishing a business to satisfy a need in the market whilst taking on the associated risks.
Entrepreneurship
unlimited liability, high level of control, low set-up costs...are all characteristics of?
Sole Trader
Interest Rates, Employment Levels, tax Rates, Business and consumer confidence...are all?
Economic conditions
Unit 1&2 is a prerequisite for Unit 3&4
False
Favourite subject in school was...
Accounting
Innovation, Taking advantage of market opportunities, Changing customer needs, Research and development Technological development and Global markets...are all?
Sources of business oppurtunity
Public equity
CSR is defined as...
the ethical conduct of a business beyond legal obligations, and the consideration of social, economic, and environmental impacts when making business decisions.
Unit 1 Area of Study 1 is titled...
The business idea
Favourite fast food joint is actually...
KFC
Definition: is the process of investigating and analysing the activities and behaviours of customers and competitors in a specific industry.
Market Research
Definition: Physical store in which customers have to physically walk into
Brick and Mortar
Definition: an exclusive right granted over a unique aspect of a business, such as a symbol, word, sound, or number, that is used to distinguish the business or its products.
Unit 1 Area of Study 2 is titled...
Internal environment
Started dating her husband in what year...
2016
financial and personal independence, make a profit, fulfill a market and social need...are all?
Personal motivations for starting a business
Definition: an experienced and knowledgeable business person who provides guidance and advice.
Business Mentor
Definition: the way people act and respond in various situations.
Societal Behaviours
Unit 1 Area of Study 3 is titled...
External Environment
Is currently watching which TV drama released in 2005?
Grey's Anatomy