GRADE 11 Business Environments

1. Statistical data relating to a population
3. Business environment that includes customers suppliers and competitors
5. Policy promoting economic participation of previously disadvantaged groups
9. Continuous process of gathering information about environmental changes
11. Environment made up of uncontrollable external factors
16. International collaboration and movement of skills across borders
17. Businesses selling the same or similar products
18. Framework used to analyse the macro environment
21. Internal business environment that is under the full control of management
22. Competition among existing businesses in an industry
23. Complete work stoppage by employees as a form of protest
25. Final users of goods and services
26. Use of technology and machines to perform tasks
27. Different products that satisfy the same consumer need

2. The edge a business has over its competitors
4. PESTLE factor involving innovation social media and automation
6. Stakeholders whose bargaining power forms one of Porters forces
7. Act providing compensation for workplace injuries and diseases
8. Economic factor that increases prices and reduces purchasing power
10. Products that are commonly used together
11. Statement describing what a business does best every day
12. Analysis tool used to identify strengths weaknesses opportunities and threats
13. Statement predicting what the future of the business should look like
14. Economic challenge that reduces consumer spending
15. Legislation dealing with labour relations and workplace justice
19. Businesses that provide raw materials and resources
20. PESTLE factor dealing with pollution weather and sustainability
24. Act regulating working hours leave and employment conditions
25. Legislation protecting consumers and promoting product quality