Frage 1
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define profitability and sustainability
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profitability is the ability of a business to earn profit.
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sustainability is to enhance and support something.
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profitability is the act of attempting to earn profit.
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sustainability is to ensure ongoing success.
Frage 2
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select 5 key success factors:
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thorough planning & monitoring internal and external environment.
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exceeding the break-even point and examining income sheet.
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effectively managing scarce resources, finances and employees.
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open a new franchise, update technology and storefront appearance.
Frage 3
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define 'entrepreneurial' :
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entrepreneur: to become wealthy by creating a product.
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entrepreneur: individual who starts, runs or owns a business to make profit. Successful entrepreneurs share similar attitudes, skills, values, behaviors and knowledge.
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entrepreneur: individual who starts, runs or owns a business for money. Successful entrepreneurs share similar skills, values, behaviors and knowledge.
Frage 4
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choose 6 characteristics of an entrepreneurial business :
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optimistic mood, open to input and ideas, flexible and adaptable.
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reflecting on own practices, persistence and perseverance, prepared to take calculated risks.
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creates enjoyable environment for employees, examine all past practices, taking risks.
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taking calculated risks, persevering and persisting, reflecting on each persons practices.
Frage 5
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Select 4 tools used to evaluate a business:
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perform SWOT analysis, collect qualitative data.
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create questionnaires for all employees, collect data.
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examine balance statement and income sheet.
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examine balance sheet and income statement
Frage 6
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define balance sheet & income statement:
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income statement : document generated monthly/annually that reports earnings of a company, by stating all relevant income and all expenses that have been incurred to generate that income.
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balance sheet : financial statement that lists assets, liabilities and equity of a company at a specific point in time to calculate profits.
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balance sheet : financial statement that lists assets, liabilities and equity of a company at a specific point in time to calculate net worth.
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income statement :document generated monthly/annually that reports earnings of a company, by stating all relevant income and all expenses of the business.
Frage 7
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A citizen is an individual who belongs to a [blank_start]political community[blank_end] and enjoys [blank_start]rights[blank_end] associated with being a member of that community while also assuming certain [blank_start]responsibilities[blank_end] and [blank_start]duties[blank_end].
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political community
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continent
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stable community
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political environment
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rights
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perks
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support
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favours
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responsibilities
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tasks
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crimes
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duties
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problems
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roles
Frage 8
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Select the 3 components of citizenship :
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Describes a persons cultural identity
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Describes a persons identical status
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Describes a persons political status
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Describes a persons identity
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Describes a persons legal status
Frage 9
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A persons rights are protected by the laws of the country.
Frage 10
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A persons rights are protected by the ethics of the country.
Frage 11
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some common civil responsibilities that apply to most countries :
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pay taxes
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attend work
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attend school
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comply with laws
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enforce laws
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attend university
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respect rights of others
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do duties
Frage 12
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responsibilities citizens should undertake, that aren't legally enforceable :
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vote in elections
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protect natural environment
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clean graveyards
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take care of less fortunate people
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offer money to beggers
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promote social justice
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arrest people
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contribute to nation building
Frage 13
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Corporate citizenship = [blank_start]activities[blank_end] a business undertakes to ensure that its wid[blank_start]er influence[blank_end] is be[blank_start]neficial[blank_end] to all. Businesses try to have a [blank_start]positive impact[blank_end] on [blank_start]society.[blank_end]
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activities
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er influence
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neficial
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positive impact
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society
Frage 14
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4 areas where activities undertaken by a business occur in : [blank_start]environment[blank_end], [blank_start]workplace[blank_end], [blank_start]marketplace[blank_end], [blank_start]community[blank_end].
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environment
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nature
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environmental
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external
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workplace
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workspace
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work area
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office
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building
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marketplace
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market
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shop
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customers
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business
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internal
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community
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society
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nationwide
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social place
Frage 15
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employees are most productive when they perform [blank_start]meaningful jobs[blank_end], work in a [blank_start]healthy environment[blank_end], feel empowered to [blank_start]express their opinions[blank_end], are [blank_start]respected[blank_end] and have a good balance between [blank_start]work and family life[blank_end].
Frage 16
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businesses excel when they are located in a healthy community in which there is :
Frage 17
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honesty and wholeness
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loyalty and honesty
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respect and wholeness
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loyalty and respect
Frage 18
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to be aware of the impact its decisions and practices have both within and outside its offices
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to be aware of the impact its decisions and practices have outside its offices
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to be aware of the impact its decisions and practices have within its offices
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to be aware of the influence its decisions and practices have both within and outside its offices
Frage 19
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A business needs to create [blank_start]opportunities[blank_end] for employees to [blank_start]reflect[blank_end] and [blank_start]learn[blank_end].
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opportunities
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reflect
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learn
Frage 20
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NGO is a national government organisation
Frage 21
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NGO is a non-governmental organisation
Frage 22
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CBO = [blank_start]community-based[blank_end] organisation
Frage 23
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have no connection to the government
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are controlled by the state
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are managed my members of the community
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address issues which the community believes are important
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address issues which are important to the country
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are annually visited by government agencies
Frage 24
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Companies that treat the environment with respect and take their role seriously will : reduce [blank_start]wastes[blank_end], produce [blank_start]environmentally-friendly[blank_end] products/services, enjoy a high degree of [blank_start]loyalty[blank_end] from customers & suppliers and abide by environmental protection laws.
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wastes
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cost
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rubbish
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damage
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environmentally-friendly
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cost effectve
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satisfying
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loyalty
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purchases
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kindness
Frage 25
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differentiate between communism and socialism
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socialism is an economic term used to describe a type of economic system where the state makes all the economic decisions about production and entrepreneurship.
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communism is a political term used to describe a totalitarian one-party state, which is usually brought into existence through a revolution.
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communism is a political term used to describe a totalitarian one-party state, which is usually brought into existence through a strike.
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socialism is an political term used to describe a type of economic system where the state makes all the economic decisions about production and entrepreneurship.
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communism is a economical term used to describe a totalitarian one-party state, which is usually brought into existence through a revolution.