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BSNS 111 Exam Revision 2
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One of the functions of corporate governance is
BSNS 111 Exam Revision 2
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BSNS 111 MCQ
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Answers
1
One of the functions of corporate governance is
capital budgeting
monitoring executive bonuses
oversight of senior managers
incorporating ethics into the strategic planning process
2
Below
tax payers unions
the wider society
Community groups
parents groups
3
Below
False
True
4
roughly what proportion of emissions were from agriculture in NZ
1%
66.6%
50%
10%
5
The law of exchage states that PA and PB wil only exchange if both of them are ? off at the end
worse
better
the same
6
All of the following are arguments commonly made against corporate social responsibility except
busines did nt create today social probs so it shld nt solve
business already has enough power it should not be given mor
social probs shld b addresed 1st by the freemarket eco systm
business is not equipped to handle social activities
7
Below
True
False
8
Colemans mustard used a sealed paper wrapping to:
Provide more space for labels and nutrional information
They didnt use a sealed paper wrapping
Provide assurance that what u are buying has not been modifd
Differentiate ther product from mustard brands of lower qual
9
Below
1-3
None
4-5
9-10
10
Below
Economic
Legal
ethical
Philanthropic
11
Enron Era brogt about a broad range of legal & ethical charges tat include the following expect
Conspiracy to inflate profits
Securities fraud
building company assets
Corrupt corporate cultures
12
Below
A risk to be managed
An opportunity for growth
A way to improve their competitiveness
A method to improve brand image
13
Ben showed several images of tattoos. What brand of bevergae was tattooed on the stomach?
Heineken
Coors
Coca cola
Pepsi Cola
14
The Ministry of Social Development spends the largest proportion on:
Student Loans
Accomodation Assistance
NZ Superannuation
Domestic Purposes Benefit
15
How many people knew abut what was happening inside VW in the lead up to Dieselgate?
Only 1 or 2 engineers, & a team of enginers & their managers
Only 1 or 2 engineers
Noone
All of the previous answer + senior manager and leaders
16
are all brands trademarked?
A brand is always a trademark
Yes
What is a trademark
No
17
Karl Marx was one of the first scholars to:
Write a sonnet about value
he did nothing, therefor wasnt a scholar
demonstrate that capitalists do not care abut value
Introduce the idea of value
18
The mayor of ____, Elizabeth Yates, became the first woman mayor in the British Empire.
Hutt Valley
Onehunga
kaipara
Remuera
19
We rejected what in 1997 but adopted a similar form of this in 2007?
Establishing a supreme court of New Zealand
Same-sexmarriages
Military conscription
Compulsory superannuation
20
Below
Society
Suppliers
Shareholders
Customers
21
Below
False
true
22
Harley Davidson tattoos are the __ Most common tattoo?
3rd
1st
4th
2nd
23
Below
true
False
24
In 1922 and 1923, the meat producers and Dairy boards were established to:
Provide work for farmers during the depression years
Control the overall export of the products
Ensure consistent volumes of exports cold be made to Britain
Standardise work practices over the nation
25
1982 was the year of?
Nothing peaked in 1982
peak prices
Peak oil
Peak sheep
26
What does HOG stand for?
harley owners gang
Happenings on the ground
Harley Owners group
Harley Operators Gang
27
Below
Corporate
Functional
Business
Enterprise
28
Which of the following is NOT part of the community impact analysis?
Analyse the financial impact of the decision
Analyse the social and environmental impact of the decision
Analyse how the groups will be affected
Analyse what groups will be affected
29
__ was 1 of the first products where we saw the practice of cutting
Mustard
Pepper
Sugar
Gold
30
Below
philanthropic
econimic
ethical
legal
31
How many of the top 10 highest paid CEOs in the USA are women?
1
3
4
0
32
The ethics scandal that has come to define modern business ethics is the Enron debacle
True
False
33
Corporate public policy takes place primarily at the corporate level of strategy.
False
True
34
For the development and sustenance of an ethical organisation, the firm should ensure there is
Careful adherence to legal requirements
A strong compliance programme managed from outside
ethical leadership inmanagers executives &board of directors
profit to let the firm to reinvst resorces in ethics trainig
35
Does Ben use AirBnb
No
He has never heard of it
yes
He doesnt go anywhere therfor has no need to use it
36
Māori seats were established and Māori men gained suffrage in which year?
1840
1900
1867
1877
37
In 1915 Britain agreed to purchase all of NZ's exports of ___ for the duration of the war.
Milk
Army rations
Meat
Army uniforms
38
The deeply ingrained principles that guide all of a companys actions and decisions r the firm's
guiding lights.
vision statements
Core values
Mission statements
39
Brands are ...
Different for different groups
The same for everybody
the same for people with the same interests
40
Roughly how much is spent by a family on food each week in Chad?
$10
$300
$100
$1
41
The concept of enterprise-level strategy is the idea that best links
strategy to performance.
public policy to performance.
ethics to strategy.
ethics to performance.
42
The 1-2 punch of Roger Douglas and then Ruth Richardson over the 1980s & 1990s, enabled them to
Create a platform for further cross-party policy initiatives
Push the socialist agenda further, faster
Stimulate more university courses
Progressively deregulate the economy
43
In 1877, the Education Act was passed to make primary education “free, secular, and ____”.
Centrally planned
comprehensive
cohenrant
complusary
44
Deregulation in the 1980s was important as it led to
The ability to produce more cars in New Zealand
Greater competition in the marketplace
The ability to employ more government workers
Greater export trade in wool
45
Steven Joyce has previously said his goal was to increase R&D funding to what percentage of GDP
1.25
0.75
1.0
0.5
46
the dropbox logo is nice because it is
a nice colour
a monochromatic and easily drawn logo
simple easy to print out
Reflective of what they do
47
What impact did the Volkswagen Dieselgate crisis have on the share price?
Increase
No change
Decrease by 1%
Decrease by more than 10%
48
Voluntarily simplicity is:
best undertake by the uni of otago students
a disease of the poor
living better through consuming less
Living better by organising your schedule
49
the challenge in all managerial situations is take what can b done and what shold b done & find
the most effective action
the more practical solution
the least costly approach
A balance
50
The government raises the largest proportion of tax revenue through:
With holding taxes
Corporate taxes
Personal Income tax
GST
51
Businesses Ethics is
A special branch of ethics unto itself
concrnd wit right & wrong behaviour within a business contxt
Concerned with moral issues that occur only in business
a subset of business practice
52
Below
Should develop new policies
Must get out
Must get involved
should set up an inquiry
53
Wool was ___ % of exports in 1860 <10%
10-25%
25-50%
50-75%
75%+
54
Harley Davidson aims to build a strong:
Shareholder return
Motorcycle design
Return on equity
Brand community
55
Below
social impact statement.
environmental audit.
Triple Bottom Line audit.
social audit.
56
Below
The ability to arbitrage price differences based on location
Time and place-based utlity. The value of here and now
knowledge that this is the best possible produce avaliable
They dont have to give a reason cause they can charge whatev
57
While working to become more sustainable New Zealand managers must overcome their tendencies to
doing good for the community
supporting local charities
short-termism
58
Bhutan focuses on measuring their national:
Happiness
Wealth
GDP
Health
59
Below
Education
Core government services
health
Law and order
60
Below
over 16700
6700 and 11600
11700 and 16600
3200 and 6700
61
Below
False
True