Business Studies Grade 11 Exam Guide Questions: Influences And Challenges Of The Business Environments
Influences And Challenges Of The Business Environments Exam Questions
- Outline the components of the micro, market & macro environments. (Recap)
- Explain the reasons why businesses has more control over the micro environment/less control over market environment and less control over macro environment.
- Identify the challenges of the business environments from scenarios/case studies/statements and examine the extent of control a business has over these environments.
- Discuss/Explain/Describe how businesses can control the business environments.
- Recommend/Suggest ways in which businesses can be involved in the macro environment.
- Outline/Name/Discuss/Explain the challenges of the micro environment.
- Identify these challenges from given scenarios/statements. Quote from scenarios/Statements to support your answer.
- Differentiate between strikes and go-slows.
- Outline/Name/Discuss/Explain the challenges of the macro environment.
- Identify these challenges from given scenarios/statements. Quote from scenarios/Statements to support your answer.
- Recommend ways in which businesses can overcome competition in the market.
- Identify the impact of socio-cultural factors on businesses from scenarios/case studies and make recommendations on how businesses can address this challenge.
- Outline/Name/Discuss/Explain the challenges of the market environment.