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AH Business End of Year Revision Flashcards | StudBud
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AH Business End of Year Revision
AH Business End of Year Revision
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Questions
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Answers
1
Fayol had 13 principles of management.
False
True
2
Drivers are forces which promote the change and will push it to happen.
True
False
3
The treaty to start building the original EU was signed where?
Paris
London
Rome
Brussels
4
ASEAN has less citizens than the EU
True
False
5
Assets for change are not essential on a force field analysis diagram.
False
True
6
Which stage of change is being described: Reviewing the change that has happened to see what still needs to be done.
Refreezing
Evaluation
Preparation
Unfreezing
7
Max Weber advocated 'A Fair Days Work for a Fair Days Pay'.
True
False
8
Max Weber advocated for organisation and developed Gantt Charts.
True
False
9
GDPR stands for...
Generic Data Protection Regulation
Greatest Data Protection Regulation
General Data Protection Regulation
Government Data Protection Regulation
10
Transfer Pricing is...
When the product price changes based on country
When prices vary based on different exchange rates
When the company shifts their profits to a low tax paying country
When the company sets a high transfer price so less tax is paid
11
Which approach to change is being described: Changing small bits at a time.
Piecemeal
Top Down
Negotiated
Action Centred
12
Low interest rates are always a bad thing.
True
False
13
There are how many convergence criteria to join the EU?
1
5
3
7
14
The Euro was brought into existence in what year?
2002
1995
1999
2005
15
Which management function is being described: Getting the right resources together such as staff, raw materials & cash.
Planning
Controlling
Commanding
Organising
16
Foreign direct investment only involves building your own factory in another country.
True
False
17
The Employment Rights Act states employees must receive...
A Written Contract of employment and payslips
A Minimum hourly rate
Maternity Leave
Notice before being dismissed
18
Which type of discrimination is being described: A rule for all, but impacts those with a protected characteristic.
Discrimination by Perception
Indirect
Discrimination by Association
Direct
19
A Transnational company is one which...
Has outlets throughout the world, but no defined home base.
The process of selling goods around the whole world.
Welcomes other countries companies to their country
A company who regularly moves production to different countries.
20
Which type of discrimination is being described: Treating someone less favourably because of a protected characteristic.
Indirect
Discrimination by Association
Discrimination by Perception
Direct
21
Which approach to change is being described: Management tells the employee the change is happening.
Action Centred
Top Down
Piecemeal
Negotiated
22
Which Mintzberg role is being described: Representing the organisation to the outside world.
Liason
Figurehead
Disseminator
Monitor
23
Staff can opt out of the Working Time Directive.
False
True
24
Which level of need is being described: Relationships, affection and social interaction.
Physiological
Safety
Esteem
Social
25
Henry Mintzberg described 10 generic management roles.
True
False
26
Maslow's hierarchy of needs had how many levels?
4
5
6
7
27
Which Fayol principle is being described: Each employee should have 1 supervisor, who will give them their orders.
Unity of Command
Renumeration
Division of Labour
Espirit de corps
28
Elton Mayo conducted the Hawthorne experiments and found that...
Social interaction were key in motivating staff
That staff were lazy.
The group felt important because senior staff paid attention to them.
Lighting and Heat made the staff work harder.
29
Corporate Social Responsibility can be defined as...
Making sure you adhere to the law.
Sponsoring a charity.
Making sure you pay staff a living wage.
Going over and above the law to do good things for the wider community.
30
ASEAN was found in...
1977
1987
1997
1967
31
Which theorist came up with Theory X and Theory Y?
McGregor
The Gilbreths
Maslow
Fayol
32
B2C Stands for...
Business 2 Business
Business 2 Competitors
Business 2 Customer
Business 2 Consumer
33
Business Ethics can be defined as...
Following legislation.
Doing the right thing, so you get a good reputation.
Making the morally right decision in everyday business operations.
Having a strong focus on your environmental policy.
34
Which level of need is being described: Ensuring staff feel safe and cared for at work.
Physiological
Safety
Esteem
Social
35
ASEAN has more annual GDP growth than the EU each year.
True
False
36
The UNFCCC has how many members?
137
100
196
178
37
Which stage of team development is being described: Team members compete for position and power. Increased purpose.
Storming
Forming
Norming
Adjourning
38
Which Mintzberg role is being described: Developing links with those inside and outside the business.
Monitor
Liason
Disseminator
Figurehead
39
How many countries are there in the EU currently? (March 2021)
25
21
23
27
40
Frank and Lillian Gilbreth developed the field of motion study, to find the most efficient ways to do things.
False
True
41
Which stage of team development is being described: When the job is complete so the team disbands.
Adjourning
Storming
Forming
Norming
42
The Equality Act has how many protected characteristics?
11
9
13
7
43
Which stage of change is being described: The change has happened so now you need to find the new working normal.
Evaluation
Refreezing
Preparation
Unfreezing
44
Which approach to change is being described: Identifying solutions to identified problems and trying out the solution.
Top Down
Piecemeal
Action Centred
Negotiated
45
The founding aims of the EU include promotion of peace, scientific progress and respect of linguistic diversity.
False
True
46
The UNFCCC was created in...
1992
1996
1990
1994
47
Which institution sets the Base Rate in the UK?
European Central Bank
Bank of England
NATO
UK Government
48
Low exchange rates are always a bad thing.
True
False
49
Which Mintzberg role is being described: Informing staff of objectives so everyone is clear on the shared goal.
Figurehead
Liason
Monitor
Disseminator
50
Which of these are characteristics of effective teams?
Shared goal and a mix of personalities in the team
Experienced staff and a large budget.
Team Size and a strong leader
A large budget and an awareness of external factors.
51
A business must always provide reasonable adjustments, regardless of cost.
True
False
52
Theory Y employees are lazy and do not want to work. Money is their only motivator.
False
True
53
Which management function is being described: Setting clear objectives & devising strategies to meet them.
Organising
Planning
Commanding
Controlling
54
Factors influencing the choice of leadership style include:
Staff available, type of organisation and external factors.
The leaders personality
Size of organisation, skill of staff and finance available.
All of these.
55
Fiscal Policy involves...
Changes in Tax
Changes in NMW Rates
Changes in Exchange Rates
Changes in Legislation
56
Which Taylor Principle is being described: Creating consistent job performance.
Standardisation
Discipline
Efficiency
57
Which types of tax are covered under fiscal policy?
VAT only
Capital Gains Tax
Income, Road and VAT
Income, Corporation and VAT
58
Which level of need is being described: Being recognised for the hard work you do.
Physiological
Esteem
Safety
Social
59
Transfer Pricing aims to reduce tax paid.
True
False
60
CSR can include:
Using renewable energy
Encouraging staff to take part in community events
Reducing Packaging and donating to charty
Using recycled products in the production process
61
ASEAN has Free Trade Agreements with China, Korea and Japan.
True
False
62
As a result of the Single Market, EU citizens have the right to....
Free movement in all areas of life.
Free movement of people and money
Free moment of people, capital and goods
Free movement of people
63
Which category do the Monitor, Disseminator Spokesman roles fit into?
Interpersonal
Decisional
Informational
64
The UNFCCC stands for...
United Nations Framework for Communications Change
United Nations Framework Convention for Community Change
United Nations Framework Convention for Climate Change
United Nations Framework Convention for Cultural Change
65
ASEAN has how many members?
8
14
10
12
66
Which stage of team development is being described: The group is first put together. No leader yet. Little focus.
Norming
Storming
Forming
Adjourning
67
Which management function is being described: Making sure work is accurate & comparing actual/planned expenses.
Organising
Planning
Controlling
Commanding
68
Henri Fayol had how many functions of management?
3
9
5
7
69
The name of the act that brought about the single market was...
The Single European Act
The Collective European Act
The Combined European Act
The Unified European Act
70
EU Enlargement means...
More countries are applying to join the EU
More people being born in the EU so populations rise
The expansion of rights under the Social Chapter
The Euro being adopted by more countries
71
Which type of discrimination is being described: Discrimination of someone you think has a protected characteristic.
Direct
Indirect
Discrimination by Association
Discrimination by Perception
72
How many team roles did Belbin identify?
13
5
1
9
73
Which Fayol principle is being described: Promotion of Team Spirit (corporate culture)
Renumeration
Division of Labour
Espirit de corps
Unity of Command
74
The Health and Safety and Work Act places all responsibility on the Employer.
True
False
75
Which Fayol principle is being described: Employees should be trained in one and be experts in it.
Division of Labour
Renumeration
Unity of Command
Espirit de corps
76
ASEAN has a single currency.
True
False
77
Which category do the Negotiator, Resource Allocator and Entrepreneur fit into?
Decisional
Interpersonal
Informational
78
Which stage of change is being described: Breaking down beliefs and assumptions to allow acceptance of change to happen.
Preparation
Unfreezing
Refreezing
Evaluation
79
As a result of the Social Chapter EU citizens have the right to:
Have a maximum 48 hour working week
Have a living wage
Join a Trade Union and have a 60 hour maximum working week
Participate in decision making and have at least 4 weeks paid annual leave
80
The Social Chapter is a legally binding element of the EU.
True
False