Challenges of the Macro Environment (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 macro environment?
What is the macro environment?
Broader external factors affecting all firms
What is net income?
What is net income?
Money left after deductions like taxes
Which factor reduces consumer spending power?
Which factor reduces consumer spending power?
High interest rates
How does political instability affect businesses?
How does political instability affect businesses?
Scares away investors and tourists
What is dumping in international trade?
What is dumping in international trade?
Selling products at very low prices
What is a key risk of micro-lending?
What is a key risk of micro-lending?
Limited legal protection for borrowers
What does an ageing population increase demand for?
What does an ageing population increase demand for?
Healthcare services and retirement homes
How does crime affect businesses?
How does crime affect businesses?
Increases security and insurance costs
What is brain drain?
What is brain drain?
Skilled workers migrating to other countries
What does the Basic Conditions of Employment Act (BCEA) do?
What does the Basic Conditions of Employment Act (BCEA) do?
Sets minimum employment standards