
The Organisation
Authored by Linda McQuade
Business
University
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8 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Why do businesses exist? (Hint: three answers are correct)
To create and sustain employment and develop the skills of people
Create wealth by providing returns on investment
Finding a niche in the market
Drive innovation through R&D of new prducts
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What types of organisations are there? (Hint: 3 correct answers)
Public
Private
the 4th sector
the 3rd sector
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a vision statement in business?
A vision statement is a description of the desired future state of the country.
A vision statement is the definiton of the company's business.
A vision statement is a description of the desired future state of the company.
A vision statement is a single sentence or a short paragraph .
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a mission statement in business?
A mission statement is a definition of the community for which it serves.
A mission statement is a list of objectives.
A mission statement identifies a company's business.
A mission statement is a definition of the company's business, who it serves, what it does, its objectives and its approach to reaching those objectives.
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are core values? (Hint: 3 correct answers)
Superiority
Employee performance and productivity
Attract and retain customers
Business Growth
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a mission statement in a company?
The purpose of a mission statement is to guide the actions of the company, spell out its overall goal, provide a path, and guide decision-making.
The purpose of a mission statement is to list the company's products.
The purpose of a mission statement is to provide financial reports.
The purpose of a mission statement is to hire employees.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What elements should a good mission statement include?
A good mission statement should include the company's goals, ethics, culture, and norms for decision-making.
A good mission statement should include the company's financial reports.
A good mission statement should include the company's list of products.
A good mission statement should include the company's hiring process.
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