An Overview of the External Environment: The Fundamentals (VCE SSCE Business Management): Flashcards
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External environment components
External environment components
Macro-level forces & operating-level factors
Six categories of external factors
Six categories of external factors
Legal, societal, economic, tech, global, CSR
ABLIS purpose
ABLIS purpose
Database for licences/permits businesses need by industry
GST registration threshold
GST registration threshold
Annual turnover exceeds $75,000
Progressive taxation system meaning
Progressive taxation system meaning
Higher income earners pay higher % of tax
CCA full name and purpose
CCA full name and purpose
Competition & Consumer Act 2010; promotes fair markets
ACCC meaning
ACCC meaning
Australian Competition and Consumer Commission
Interest rates definition
Interest rates definition
Cost of borrowing money
Consumer confidence meaning
Consumer confidence meaning
How optimistic consumers feel about finances & economy
% of Australians aged 65+ in 2021
% of Australians aged 65+ in 2021
15.9% (3.9 million people)