Name 1 geographic factor
Location, Globalisation, Demographics
Why does size matter in business?
Volume, Production, expansion
Name 1 Stakeholder
Customer Supplier Environment Society Government Pressure groups
What is 1 law that affects business in australia?
WHS, Anti-discrimination, Tax
what is Ms's favourite colour?
Green
Name 2 social factors
CULTURE. TRENDS. FASHIONS. ENVIRONMENTAL SUSTAINABILITY
FAMILY FRIENDLY. DIVERSITY
Name 1 factor of Location
Visibility
CLOSE TO Support Service Customers Suppliers
Cost
Why is an employee a stakeholder?
Directly work with the business
What is market concentration?
How much of a certain area of business one company is controlling
What is the school mascot?
Tiger
What is the competition and consumers act?
Legal influence / Law to protect consumers and competition in business
Name 2 Resource Influences
Human Information Physical. Financial
Name 3 External stakeholders
Customer Supplier Environment Society Government Pressure groups
what is sustainable competitive advantage?
when a business is ahead of other businesses
What is the principal's middle name?
Francis
Give an example of a technological advancement that has replaced human Jobs?
Self Checkout
Amazon warehouse fulfilment
What is a financial resources?
Capital, Money, Borrowing ability
what would a business do if their employees were unhappy?
Attempt new management style, negotiate with employees, offer growth to employees
How can Labour change?
Immigration, age, pandemic, laws, skill
What is the total population of students at school?
603
What is a geographic influence in manufacturing?
Resources, Labor, Transport
What would a business do if their product became outdated?
strategy analyse market, technology,
How are internal stakeholders affected by decisions?
Profit, Loss, change of company, reputation,
what is information resource?
the knowledge of something key for a business... IT
How many school days are in a year?
183