BSM1501 (BSM1501)

THIS DOCUMENT CONTAINS BSM1501 ASSESSMENT 1 SEM 2 OF 2024 EXPECTED QUESTIONS AND ANSWERS. USE IT CORRECTLY AS A GUIDE AND FOR PRACTICE TO SCORE ABOVE 80%

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Question 1 Not yet answered Marked out of 1.00 Flag question Question text What is the purpose of a SWOT analysis? a. To identify strengths and weaknesses b. To estimate sales volume c. To determine market potential d. To -establish a marketing plan Question 2 Not yet answered Marked out of 1.00 Flag question Question text Who innovates within the franchise system? a. Franchisor b. Franchisee c. Both the franchisor and the franchisee d. A third par...

BSM1501 Assignment 2 Semester 1 2024 (Solutions) Question 2 Not yet answered Marked out of 1.00 Flag question Question text What is the primary objective of an enterprise? a. To make a profit b. To achieve market dominance c. To expand globally d. To achieve customer satisfaction Question 3 Not yet answered Marked out of 1.00 Flag question Question text Which variable of the macro-environment includes aspects such as inflation, interest rates, and economic growth rate...

BSM1501 Exam pack 2023 Questions and accurate answers.

BSM1501 Assignment 6 Semester 2 2023 Question 1 Not yet answered Marked out of 1.00 Flag question Question text What must a small business manager be able to do? a. Plan, organise, lead and control various business functions. b. Start his/her own enterprise. c. Take calculated risks. d. Identify new products or opportunities. Question 2 Not yet answered Marked out of 1.00 Flag question Question text What is the main advantage of a formal business? a. Not having to keep fi...

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