Ways Businesses Adapt to Challenges of the Business Environments (Grade 11 NSC Matric Business Studies): Quizzes
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Practise the questions
10 questions from this quiz
What does information management help businesses do?
What does information management help businesses do?
Collect, store & use info effectively
What are the benefits when companies manage information well?
What are the benefits when companies manage information well?
Increases in market share & profitability
How should businesses approach challenges according to strategic responses?
How should businesses approach challenges according to strategic responses?
Be proactive rather than just reacting
What happens when two companies undergo a merger?
What happens when two companies undergo a merger?
They voluntarily join to become one
How much share ownership does a business need to complete a takeover?
How much share ownership does a business need to complete a takeover?
More than 50% of shares
What often happens to a purchased company in an acquisition?
What often happens to a purchased company in an acquisition?
It continues as a subsidiary
What is a key feature of business alliances?
What is a key feature of business alliances?
Partners maintain separate identities
Why must businesses design flexible organisational structures?
Why must businesses design flexible organisational structures?
To adapt quickly to environmental changes
Which is an environmental responsibility strategy for businesses?
Which is an environmental responsibility strategy for businesses?
Alternative production methods
What benefit do businesses gain from environmental responsibility?
What benefit do businesses gain from environmental responsibility?
Customers prefer their products