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Internal factors in a global business · Part 1 of 8
9 exam-style questions with model answers, plus 10 quick multi-choice questions — every question on this part of the standard, grouped by the 3 pages of notes they come from.
Write a full answer before you reveal the model one. That comparison is where the learning happens.
Explain what is meant by an internal factor in a business that operates in a global context.
A New Zealand food exporter decides to train every production worker to inspect their own output.
Fully explain ONE effect this could have on the business.
The same exporter could instead have hired two additional end-of-line inspectors for the same annual cost.
Provide a justified conclusion, including any new information, as to which option is more likely to succeed.
Explain what is meant by a business operating in a global context, and describe TWO ways a New Zealand business could meet that description.
Ruahine Berry Co (invented) is a Hawke's Bay grower that air freights chilled berries to European supermarkets. It is considering moving to sea freight in controlled-atmosphere containers.
Fully explain how this decision could support one dimension of sustainability while working against another.
Ruahine Berry Co must decide whether to keep air freighting to Europe or move to sea freight.
Provide a justified conclusion, including any new information, as to which option is more likely to succeed.
Pūtake is the origin of a business, or its reason for being.
Explain how a business's pūtake could affect the decisions its management makes.
Manaakitanga means hospitality, care and generosity towards others.
An invented Rotorua cultural tourism operator, hosting international visitors, caps its daily visitor numbers so that every group can be personally welcomed and hosted by a guide from the whānau that owns the business.
Fully explain ONE impact of this decision on the business.
Rangatiratanga is the ability of a person, whānau, hapū, iwi or collective to determine its own direction.
Rākau Rua (invented) is an iwi-owned Bay of Plenty forestry business. It currently sells unprocessed logs through a large export trader, which handles all offshore selling and shipping. It is considering building its own small sawmill and selling finished timber directly to Japanese buyers instead.
Evaluate which option is more likely to succeed for Rākau Rua. Include any new information in your conclusion.