A business known for being the best in the industry or the most innovative business in the industry is known as a what?โ
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25
Think of an industry (such as retail, banking or computing) and list five businesses that compete in that industry.
Show what you got
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banana
Go to last place!
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rocket
Go to first place!
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fairy
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thief
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15
What are Australia's two main exports?
Iron ore, coal
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15
Buyer power is ________ when buyers have many choices from whom to buy and __________ when buyers have few choices
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15
What country is Australia's main trading partner?
China
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banana
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gold
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shark
Other team loses 15 points!
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banana
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15
An increase in environmental consciousness is likely to lead to an increase in demand for plastic bags.
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15
Nike has created a competitive advantage by focusing on social media, including its own social network (Nike+), and introducing Nike concept stores. โWhat might happen if it did not attempt to build or create a competitive advanta
Competitors would likely become leaders in the market
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15
Is this hypothesis? : Australia has firmly taken its place within the broader Asia region in recent decades due to the process of increasing economic interdependence.
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thief
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25
star
Double points!
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gift
Win 25 points!
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lifesaver
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15
No one competitive strategy is guaranteed to achieve success
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15
A technique used to assess opportunities and costs for a company
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heart
Other team wins 25 points!
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magnet
Take 25 points!
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fairy
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baam
Lose 25 points!
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15
An increase in peopleโs income is likely to lead to ____________ in demand for jewellery.
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15
When companies invest in robotic technology or other machines to reduce costs, this is called: