Business Management and Workplace Safety Quiz
10 Questions
0 Views

Business Management and Workplace Safety Quiz

Created by
@EnoughKremlin

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is a primary concern for the Australian tyre manufacturer when sourcing rubber from the global market?

  • Achieving economies of scale
  • Reducing logistics costs
  • Maintaining quality outputs (correct)
  • Increasing market share

    • What is the primary objective of the Australian tyre manufacturer's expansion strategy?

  • To improve product quality
  • To reduce operating costs
  • To increase market share
  • To achieve economies of scale (correct)

    • What is a potential challenge the Australian tyre manufacturer may face when sourcing rubber from the global market?

  • Higher labor costs
  • Increased transportation costs
  • Increased competition
  • Decreased quality of raw materials (correct)

    • What is a benefit of achieving economies of scale for the Australian tyre manufacturer?

    <p>Reduced operating costs</p> Signup and view all the answers

    What is the Australian tyre manufacturer's strategy to reduce operating costs?

    <p>Sourcing rubber from the global market</p> Signup and view all the answers

    What is a potential outcome of the Australian tyre manufacturer's expansion strategy?

    <p>Increased sales and profit</p> Signup and view all the answers

    Why is the Australian tyre manufacturer expanding its business?

    <p>To increase sales and profit</p> Signup and view all the answers

    What is a challenge the Australian tyre manufacturer may face when trying to achieve economies of scale?

    <p>Maintaining quality outputs</p> Signup and view all the answers

    What is the benefit of the Australian tyre manufacturer sourcing rubber from the global market?

    <p>Reduced operating costs</p> Signup and view all the answers

    What is the Australian tyre manufacturer's primary concern when it comes to quality outputs?

    <p>Maintaining quality outputs</p> Signup and view all the answers

    More Like This

    Labor Risk Prevention in Business
    3 questions

    Labor Risk Prevention in Business

    InspirationalBoltzmann avatar
    InspirationalBoltzmann
    1.1 Financial costs of accidents
    22 questions

    1.1 Financial costs of accidents

    Mungojerry avatar
    Mungojerry
    Business Ethics and Employee Wellbeing
    25 questions

    Business Ethics and Employee Wellbeing

    SmittenStatistics avatar
    SmittenStatistics
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser