Business Resource Needs (VCE SSCE Business Management): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are the three main categories of resources businesses need to operate effectively?
What are the three main categories of resources businesses need to operate effectively?
Natural, labour, capital
What defines natural resources?
What defines natural resources?
Materials extracted from the environment
What is a procurement policy?
What is a procurement policy?
Guidelines ensuring suppliers meet standards
What is workforce planning?
What is workforce planning?
Predicting employee needs with skills
Which are examples of capital resources for a restaurant?
Which are examples of capital resources for a restaurant?
Kitchen equipment and point-of-sale systems
What are the three key tasks in managing capital resources?
What are the three key tasks in managing capital resources?
Negotiate, service, replace
Why is selecting high-quality resources essential?
Why is selecting high-quality resources essential?
Quality inputs lead to quality outputs
What is supplier diversification?
What is supplier diversification?
Working with multiple suppliers
What does corporate social responsibility in resource selection include?
What does corporate social responsibility in resource selection include?
Environmental sustainability and fair workers
Which is an example of formal business support?
Which is an example of formal business support?
Legal advisors for contractual matters