stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Leaving Cert Business Revision Flashcards | StudBud
Explore
/
Leaving Cert Business Revision
Leaving Cert Business Revision
25 terms
·
StudBud Administration
·
781 plays
Leaving certificate business units 1,2 and partly 3 (chapters 1-6)
Flashcards
25 cards
F
Practice quiz
P
Host live
L
Questions
25
Answers
1
Adolf Hitler can be used as an example for which leadership style?
Free Reign
Autocratic
Democratic
Laissez-Faire
2
T/F, every entrepreneur has a profit motive.
False
True
3
T/F, a decision by one stakeholder does not affect the interest of another?
True
False
4
If one party fails to fulfill their side of the deal, this method of termination is called _?
Performance
Agreement
Frustration
Breach of Contract
5
Who is responsible for creating the motivational hierarchy of needs?
Douglas McGregor
Douglas Maslow
Abraham McGregor
Abraham Maslow
6
Which of the following forms can offer & acceptance of a contract be in?
All of the above
Oral
Conduct
Written
7
In terms of non-legislative methods which are used to resolve conflict, which comes first?
Negotiation
Conciliation
Collective Bargaining
Arbitration
8
T/F, A business is an organisation set up to provide goods/services to potential customers?
True
False
9
If a _ is broken, the contract can be terminated.
Both contract & a warranty
Warranty
Neither contract, nor warranty
Contract
10
Investors take a _ risk, whereas entrepreneurs take a _ risk
commercial, financial
big, small
financial, sensible
financial, commercial
11
The Data Protection Act was set up in what year?
1988
1978
1990
1992
12
Which is NOT a source of conflict in business?
Collective bargaining
Industrial relation issues
Disputes between business & suppliers
Different objectives of business & consumer
13
Laissez-Faire is the French word for what?
Lazy management
Leave to do
Lazy staff
Dictatorship
14
Which of the following is the CORRECT spelling?
Entertrepenur
Entrpeneur
Entrepreneur
Entreprineur
15
In terms of non-legislative methods which are used to resolve conflict, which comes SECOND?
Arbitration
Negotiation
Collective Bargaining
Conciliation
16
Which of the following is an example of a competitive relationship between employer & employee?
Union recognition
Empowerment of employees
Job security
Profit-sharing
17
Which of the following is NOT an Interest Group in Ireland?
IBEC
ICTU
IFA
GBI
18
Which is the correct order for the elements necessary for a valid contract?
None of the above
Agreement,Consideration,Consent,Capacity,Intention, Legality
Agreement,Consideration,Intention,Capacity,Consent,Legality
Capacity,Intention,Legality,Consideration,Consent,Agreement
19
Caveat Emptor means Buyer Beware, T/F?
False
True
20
Which of the following is NOT an employees' right?
To join a trade union
To do an honest day's work
To be paid the agreed wages
The receive an employment contract
21
The Sale of Goods and Supply of Services Act was passed in what year?
1990
1978
1975
1980
22
The main benefits of arbitration do NOT include which of the following?
It is usually quick and effective
Recommendation for resolution is NOT binding for either side
Conflict is guaranteed to be resolved
It is cheaper than going through the court of law
23
EAT also stands for
Employer Appeals Tribunal
Employment Appeals Tribunal
Employee Appeals Tribunal
Employers Allowed Trial
24
T/F, a contract is a legally binding agreement that is enforceable by law.
False
True
25
Which of the following rights (for a consumer) can also be known as INERTIA SELLING?
Guarantees
Unsolicited Goods
Sale by Sample
Ownership & Quiet Possession
