Business Fundamentals and Change Management Quiz

What are business fundamentals essential for in the role of a business administrator?

• Making investment decisions

• Influencing the role of a business administrator

• Developing new products

• Marketing and sales strategies

What must you do to demonstrate that you understand the principles of managing change?

• List the different types of stakeholders

• Describe the principles of managing change and the impact of effective change management

• Explain the benefits of financial processes

• Summarize the history of business administration

How can the impact of change to administrative role be explained?

• By describing the application of business finance

• By listing the business fundamentals

• By explaining the impact of change to different types of stakeholders

• By summarizing the principles of managing change

What should be described to demonstrate understanding of the application of business finance in the administrative role?

• The importance of marketing strategies

• The principles of managing change

• Financial processes and the impact of following effective financial processes

• The different types of products and services offered by the business

How long is the Learner Induction Period according to the Assessment Methodology?

• 0 - 3 months

• 3 - 12 months

• 12 months onwards

• 30-45 minutes

What is the duration of the Portfolio-based Interview?

• 15-30 minutes

• 30-45 minutes

• 60 minutes

• 3 - 12 months

Who is responsible for the quality assurance of the assessment?

• The employer

• The learner

• The Independent Assessment Organisation (IAO)

• The training provider

When can the gateway be triggered for a learner?

• After completing the Learner Induction Period

• Once the portfolio is completed

• After the Portfolio-based Interview

• At the discretion of the employer

What is the expected duration of the Project/Improvement Presentation?

• 15-30 minutes

• 30-45 minutes

• 60 minutes

• 3 - 12 months

Who has the final decision in progressing to EPA, apprentice and training provider should also agree?

• The Independent Assessment Organisation (IAO)

• The employer

• The learner

• The training provider