31-40

Which word correctly completes this statement? '.........taxes are collected by the Revenue authority from a business, which attempts to pass on the tax to consumers in the price of goods.' Choose the correct work.

• Direct

• Indirect

• Progressive

ABC is a small enterprise led by Ms. X who started the business 2 years ago. X is central to all the key decisions made in the firm. Her knowledge and business awareness is critical to the firm's success. Which of Handy's cultural types is present in ABC?

• Power

• Task

• Person

• Role

When considering Porter's value chain analysis, outbound logistics is:

• A primary activity

• A support activity

Schein divided organizational culture into 3 levels. They are:

• Artefacts, espoused values, basic assumptions and values

• Mission, vision, goal

• Artefacts, values, goal

• Values, goal, basic assumption

Products A and B are substitutes. A 5% change in the price of A has resulted in a 4% change in the demand for B. What is the cross elasticity of demand (XED) between A and B?

• +0.8

• -0.8

• +1.25

• -1.25

Hofstede looked for national differences in an attempt to find aspects of culture that might influence business behavior. Which of the following is one of Hofstede's key dimensions of national differences?

• Position-Power

• Uncertainty avoidance

• Work-relaxation

'The first leaders of the organization tend to define its later culture.' Which major writer on culture came to this conclusion?

• Handy

• Schein

If a government has a macro-economic policy objective of expanding the overall level of economic activity, which of the following would NOT be consistent with such an objective?

• Increasing public expenditure

• Lowering interest rates

• Increasing taxation

Which of the following is an example of cyclical unemployment?

• Lay-offs among ski instructors in the summer months

• Automation of ticket sales at train stations resulting in the redundancy of ticket officers

• Recession, leading to a fall in demand within the building industry

• The restriction of employment in the car industry due to a powerful trade union keeping wages high

According to Mendelow, which of the following is an appropriate approach to take

• Minimal effort

• Keep informed

• Keep satisfied

• Key player