The Business Idea
Business Managers
Factors of which a business has some degree of control would be apart of what environment?
Internal Environment
Legislation & government regulation comes from which three forms of government?
Local, State & Federal
Anna, Elsa Kristoff and Olaf are all characters in what animated movie?
Frozen
T in 'SMART' goal stands for what?
Time-Bound
Customers, Competitors, Suppliers & Special Interest Groups.
COVID-19 and the restrictions that came with it, bought about what 'trend' which was initially a temporary fix but is now an expectation for most businesses?
What name is singer-actor Stefani Germanotta better known by?
Lady Gaga
If an entrepreneur enters the market with a product or service that customers require that may not be available, what 'need' are trying to meet?
Market Need
Who am I? I am a type of business structure whereby there is no disputes & no tax on profit. However, i have difficulty in raising finance for expansion if need be & i have unlimited liability.
I am a Sole Trader.
How does lower interest rates effect consumer spending?
lower interest rates= more money to spend for consumers after making repayments on loans.
What is the world's most populated city?
Tokyo, Japan
A Feasibility Study is an assessment of what?
Practicality & potential for success of a business idea.
What are four factors affecting the choice of a business location?
Visibility, Cost, Proximity to customers, suppliers & competitors.
What type of 'protection' does Marvel Studios have over other movie producers that stops them from using Marvel Characters in other movies?
Copyright, protection of original works such as music, films and the like.
What 1997 movie features Will Smith and Tommy Lee Jones as undercover secret agents who police extraterrestrials?
Men in Black
SBCV, BEC & INNOVIC are all examples of what?
Support services available to small business owners & entrepreneurs.
To ensure businesses are treating customers fairly & equitably and not engaging in misleading or deceptive behaviour, what legislation is in place to better protect customers and for them to know their rights?
Competition & Consumer Act 2010
This special type of interest group (CHOICE here in Australia) monitors a business' performance in terms of its product safety, packaging, pricing & advertising.
Consumer Groups.
What is Australia’s oldest chocolate bar?
Cherry Ripe