Lobbying, Networking, and Power Relationships (Grade 11 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 is the main purpose of lobbying?
What is the main purpose of lobbying?
To shape laws & govt decisions
Which is a reason businesses engage in lobbying activities?
Which is a reason businesses engage in lobbying activities?
To change specific laws & regulations
What is hedging in business?
What is hedging in business?
A strategy to protect against inflation
What do bargaining sessions between mgmt & unions aim to create?
What do bargaining sessions between mgmt & unions aim to create?
Win-win situations for all
What is the main goal of networking?
What is the main goal of networking?
To meet relevant people & build links
Which is an example of formal networking?
Which is an example of formal networking?
Joining chambers of commerce
What advantage does networking provide to businesses?
What advantage does networking provide to businesses?
New customers & market share
What do power relationships describe?
What do power relationships describe?
How much control a business has
What benefit do strategic alliances provide?
What benefit do strategic alliances provide?
Skill sharing & mutual benefit
How do large investors increase a company's power?
How do large investors increase a company's power?
By making credit & deals easier