Unit 301 - outcome 1

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Quiz sobre Unit 301 - outcome 1, criado por Sophie Hayes em 18-09-2019.
Sophie Hayes
Quiz por Sophie Hayes, atualizado more than 1 year ago
Sophie Hayes
Criado por Sophie Hayes aproximadamente 5 anos atrás
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Resumo de Recurso

Questão 1

Questão
Which two factors does the purpose of an organisation depend on?
Responda
  • What the organisation does
  • How long the organisation has been established
  • How many customers the organisation has
  • Who the organisation is serving

Questão 2

Questão
Which three things help organisations plan where they aim to be long-term, set out their purpose and define their outcomes?
Responda
  • Aims
  • Objectives
  • Vision
  • Data Protection policy
  • Staff structure
  • Financial reports

Questão 3

Questão
Aims and objectives help organisations by making their [blank_start]purpose[blank_end] clear.
Responda
  • purpose
  • staff structure
  • financial plan

Questão 4

Questão
An organisation's mission statement defines the purpose of the organisation and, in turn, what it does and who it serves. True or false?
Responda
  • True
  • False

Questão 5

Questão
An organisation's vision is its long-term plan; where it intends to be in a certain amount of time.
Responda
  • True
  • False

Questão 6

Questão
Which four of these are visions and which three are mission statements?
Responda
  • Vision
  • Mission
  • Vision
  • Mission
  • Vision
  • Mission
  • Vision
  • Mission
  • Vision
  • Mission
  • Vision
  • Mission
  • Vision
  • Mission

Questão 7

Questão
An organisation's values represent what it stands for.
Responda
  • True
  • False

Questão 8

Questão
Aims and objectives aren't important - they don't talk about organisations' purposes or what they want to achieve. True or false?
Responda
  • True
  • False

Questão 9

Questão
What are aims also known as?
Responda
  • Statements of intent
  • Plan of attack
  • Master plan
  • Objectives

Questão 10

Questão
Objectives should be specific statements that define [blank_start]measurable outcomes[blank_end]
Responda
  • measurable outcomes
  • organisations' plans
  • organisations' purposes

Questão 11

Questão
Market forces, changes in policies/regulations, supply chains and international and global markets could all affect an organisation. True or false?
Responda
  • True
  • False

Questão 12

Questão
Inflation, the labour market, financial market and global market are all covered by the wider economy. True or false?
Responda
  • True
  • False

Questão 13

Questão
What is inflation?
Responda
  • A general increase in prices and fall in the purchasing value of money
  • A general decrease in prices and rise in the purchasing value of money

Questão 14

Questão
How does inflation affect an organisation? Pick the correct option
Responda
  • Puts pressure on them via increase in prices of the products or services they purchase or sell
  • Takes pressure off them by decreasing the prices of the products or services they purchase or sell

Questão 15

Questão
The labour market is part of the wider economy. If there are changes to this market, what could the negative effects be for an organisation?
Responda
  • Reducing the availability of adequately qualified staff and therefore increasing the cost of recruiting; encouraging existing staff to move to other, more favourable organisations
  • Increasing the availability of adequately qualified staff and therefore decreasing the cost of recruiting; encouraging existing staff to remain with the organisation

Questão 16

Questão
How does the financial market impact on organisations? What does it affect? Pick any/all that apply.
Responda
  • Interest rates
  • The stock exchange
  • Currency rates
  • Organisations' share prices

Questão 17

Questão
The international and global market can impact on organisations at any time. One way it could impact is through climate issues, e.g. if a hurricane destroyed crops crucial to an organisation's trade or made it impossible to transport these crops.
Responda
  • True
  • False

Questão 18

Questão
A PESTLE analysis looks at these six factors: - [blank_start]Political[blank_end] - [blank_start]Economic[blank_end] - [blank_start]Social[blank_end] - [blank_start]Technological[blank_end] - [blank_start]Legal[blank_end] - [blank_start]Environmental[blank_end]
Responda
  • Political
  • Personal
  • Private
  • Equal
  • Economic
  • Expensive
  • Sudden
  • Strategic
  • Social
  • Technological
  • Time-consuming
  • Transparent
  • Legal
  • Limiting
  • Lengthy
  • Extensive
  • Environmental/Ethical
  • Energising

Questão 19

Questão
Legislatory changes or tax increases/decreases are knock-on effects of the political environment
Responda
  • True
  • False

Questão 20

Questão
A PESTLE analysis is used by organisations to track the enviroment they operate in.
Responda
  • True
  • False

Questão 21

Questão
Do PESTLE analyses help organisations to look at what influences the way they operate?
Responda
  • Yes
  • No

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