Global Market Influences (HSC SSCE Business Studies): Quizzes

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Global Market Influences
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What are the three major global market influences on business financial management?

Economic outlook, funds, interest rates

Why are global market influences largely uncontrollable for businesses?

They exist in external environment

What do businesses need funding for when global economic outlook is positive?

Equipment, staff, expanding facilities

By what percentage did Australia's economy shrink during COVID-19 over 12 months?

6.3%

What three factors determine availability of funds in international markets?

Risk, demand/supply, domestic conditions

When did Australia undergo financial deregulation?

1970s and 1980s

What is the fundamental principle governing interest rates?

Higher risk means higher interest rates

What risk does overseas borrowing carry that can eliminate interest rate advantages?

Exchange rate risk

What payment range did the Boosting Cash Flow program provide to eligible SMEs?

20,000to20,000 to 100,000

How does global economic outlook directly affect Australian businesses?

Determines demand for Australian products

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