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Reeds School Y13 A2 Business Theme 3 - Generic Revision Flashcards | StudBud
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Reeds School Y13 A2 Business Theme 3 - Generic Revision
Reeds School Y13 A2 Business Theme 3 - Generic Revision
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Theme 3 Edexcel Business A2
Flashcards
30 cards
F
Practice quiz
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Host live
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Questions
30
Answers
1
A mission statement is?
A short & specific message about the brand & why it exists
A broad, long-term idea about how the business will develop
2
How do you say “Merry Christmas” in Spanish?
Hapiesta Chrimbonias
La Fleicio Chrismasses
Feliz Navidad
Just much louder with hand signals
3
What is a disadvantage of subjective decision making?
Managers may understand long-term aims better
Emotions can cloud judgements
Senior management have a lot of experience and kill
Managers are more likely to consider ethical issues
4
Elvis isn’t going to have a white Christmas he’s going to have a….
GREEN ONE
RED ONE
BLUE ONE
YELLOW ONE
5
What is short-termism?
Planning the best long-term strategy for the business
Focusing on short-term results at the expense of long-term
6
Which type of decision making is best?
Evidence based
Subjective
A combination of the two
7
Mr Segal owns a Golden Retriever. Is his dog called
Chester
Charlie
Felix
Sergio
8
What is Mr Marsh's favourite biscuit?
custard cream
Hobnob
Bourbon
Digestive
9
Which of the following is NOT true of corporate culture?
Different cultures can exist in similar businesses
They are formed by many influences
Each business is different in the evolution of its culture
They are formed quickly
10
A corporate aim is?
A short & specific message about the brand & why it exists
A broad, long-term idea about how the business will develop
11
What are you supposed to do when you find yourself under the mistletoe?
wink
Kiss
sing
breakdance
12
What is Mrs Sullivan's favoutite Christmas movie?
Last Christmas
Love Actually
Elf
The Holiday
13
In a strong culture...
Staff turnover is reduced
End result tends to be poor performance
Employees do not support the corporate culture
Productivity and motivation are low
14
Which of the following is NOT a type of culture identified by Handy...
Role
Task
Weak
Power
15
In which country is it tradition to eat KFC for Christmas dinner?
Japan
Philipines
India
China
16
Which is NOT true of the Shareholder Model?
Profit maximisation is the main priority of the managers
Managers are responsible for delivering shareholder interest
Closer relationships with suppliers
Shareholder's interests are most important
17
Which culture is driven by the need to get things done?
Role
Person
Power
Task
18
What is the driving force behind managers pursuing short-termism?
Mission statement
Profit maximisation
Efficiency
Strategy
19
Internal stakeholders are...
Customers, suppliers, competitors, community, government
Owners, employees and managers
Directly affected by the business
Indirectly affected by the business
20
What is Mrs Sullivan's dog called?
Ferguson
Arteta
Wenger
Pep
21
External stakeholders are...
Indirectly affected by the business
Customers, suppliers, competitors, community and government
Directly affected by the business
Owners, employees and managers
22
Which culture has well established rules and procedures?
Task
Power
Role
Person
23
Which of the following is an advantage of mission statements?
Can decrease motivation
Can inform the consumer
They're usually impossible to prove
Can be rather vague
24
In which culture is power and authority centered on one individual or a small group?
Person
Task
Power
Role
25
What is evidence based decision making?
Decision making based on instinct without logical argument
Decision making based on the best available evidence
26
What is subjective decision making?
Decision making based on the best available evidence
Decision making based on instinct without logical argument
27
Which ECOBUS teacher worked in Australia for a year as a P.E teacher
Mr Fry
Mr Segal
Mrs Sullivan
Mr Marsh
28
What football team does Mr Fry support
Leeds
Arsenal
Crystal Palace
Chelsea
29
What other European country does Mr Fry spend a lot of time in?
Dubai
Spain
Italy
France
30
Which culture describes loose organisations of individuals?
Task
Role
Power
Person
