The Market Environment (Grade 10 NSC Matric Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are opportunities in the external business environment?
What are opportunities in the external business environment?
Positive factors helping business grow
What are threats in the external environment?
What are threats in the external environment?
Negative factors that can harm business
Why are declining interest rates an opportunity for businesses?
Why are declining interest rates an opportunity for businesses?
Cheaper to borrow money for expansion
How do higher taxes affect businesses?
How do higher taxes affect businesses?
They reduce profits
What does SWOT stand for in SWOT analysis?
What does SWOT stand for in SWOT analysis?
Strengths, Weaknesses, Opps, Threats
In SWOT analysis, which factors are internal to the business?
In SWOT analysis, which factors are internal to the business?
Strengths and weaknesses
What is a key use of SWOT analysis for businesses?
What is a key use of SWOT analysis for businesses?
Identify current position in market
What is inflation in business terms?
What is inflation in business terms?
Price increase reducing purchasing power
What does industrial action refer to?
What does industrial action refer to?
Employee strikes during protests
Can businesses directly control opportunities and threats?
Can businesses directly control opportunities and threats?
No, they are external factors