Grade 11 - Business Studies - Naledi

Two or more businesses pooling their resources to achieve a goal:

• Joint Ventures

• Mergers

• Acquisitions

• Franchising

Sandals hotel and West Indies Cricket Board coming together to promote the Caribbean

• Joint Venture

• Merger

• Acquisition

• Franchising

Two or more companies coming together to form a new company

• Joint Ventures

• Mergers

• Acquisitions

• Franchising

Where one firm take controlling interest of another firm:

• Joint Ventures

• Mergers

• Acquisitions

• Franchising

A business grants the licence to use its brand and reproduce its product.

• Joint Ventures

• Mergers

• Acquisitions

• Franchising

EXXON AND MOBIL joining to form EXXON-MOBIL

• Joint Ventures

• Mergers

• Acquisitions

• Franchising

Check all the correct answers below: Disney purchasing ABC, ESPN and PIXAR:

• Joint Ventures

• Mergers

• Acquisitions

• External Growth

• Internal Growth

How do economic factors influence the business environment?

• a) They determine the organization's internal processes

• b) They affect consumer purchasing power and demand for goods/services

• c) They define the company's core values and mission

• d) They regulate the organization's ethical standards

What is SWOT analysis used for in business?

• a) Assessing external environmental factors

• b) Evaluating strengths, weaknesses, opportunities, and threats

• c) Identifying market trends

• d) Measuring customer satisfaction

What does the term "business environment" refer to?

• a) The physical layout of a company's office space

• b) The internal and external factors that influence a company's operations and performance

• c) The number of employees within a company

• d) The marketing strategies employed by a company