Week 1- TBE

Question 1

Which of these is a key function within a business?

Accepted Answer

Finance

Question 2

What is a main goal of a social enterprise?

Accepted Answer

Serve a social cause sustainably

Question 3

Which of the following is NOT a characteristic of the business environment?

Accepted Answer

Static

Question 4

Which is NOT a contemporary business goal?

Accepted Answer

Ignoring competition

Question 5

Which is a stakeholder directly employed by an organisation?

Accepted Answer

Employee

Question 6

Example of an internal factor?

Accepted Answer

Organisational culture

Question 7

Which function manages people within an organisation?

Accepted Answer

HRM

Question 8

Which of these is a key trend influencing businesses today?

Accepted Answer

Sustainability and ESG focus

Question 9

Which factor involves protection of intellectual property?

Accepted Answer

Technological

Question 10

Which describes a dynamic business environment?

Accepted Answer

Constantly changing

Question 11

Which is an example of a for-profit enterprise?

Accepted Answer

McDonald's

Question 12

Which stakeholder affects a company indirectly through outsourced work?

Accepted Answer

Outsourced factory worker

Question 13

What is a main purpose of a PESTLE analysis?

Accepted Answer

Analyse external factors

Question 14

What does sustainability in business mean?

Accepted Answer

Long-term growth without harming future generations

Question 15

Which is a non-economic factor?

Accepted Answer

Cultural values

Question 16

Which factor relates to climate change?

Accepted Answer

Environmental

Question 17

What does CSR stand for?

Accepted Answer

Corporate Social Responsibility

Question 18

Which is an example of a challenge for modern businesses?

Accepted Answer

Cybersecurity threats

Question 19

Which analysis tool is used for the external business environment?

Accepted Answer

PESTLE

Question 20

Which of these is part of the PESTLE framework?

Accepted Answer

Economic

Questions 20