ICT and E-commerce Quiz

What is one way businesses can use ICT to communicate internally?

• Using an intranet

• Sending letters

• Holding face-to-face meetings

• Using public forums

What is a benefit of using employees effectively through ICT?

• Employees can work from home

• Increased need for office space

• Reduced communication with stakeholders

• Higher travel expenses for employees

What is a characteristic of a socially responsible business?

• Focuses solely on profit maximization

• Considers the needs of all stakeholders

• Ignores environmental impact

• Reduces employee benefits

What is one disadvantage of GA Ltd becoming an environmentally-friendly business?

• Guaranteed long-term profits.

• Potential increase in costs.

• Immediate market expansion.

• Reduced competition.

What is the term used to describe large companies that produce goods and services in more than one country?

• Exporters

• Importers

• Multinationals

• Local businesses

What is the main benefit of multinational companies according to the text?

• Higher local employment

• Increased local production

• Access to global markets

• Reduced production costs

What is a risk associated with globalisation mentioned in the text?

• Improved product design

• High quality and low prices

• Risk of takeovers

• Access to new markets

What is a benefit of high quality products in international markets?

• They are always the most expensive

• They meet the needs of consumers

• They are not competitive

• They are rarely purchased

What is a feature of a quality product according to the text?

• It is always the cheapest option

• It meets the needs of consumers

• It is rarely purchased

• It is indistinct

What is a potential consequence of tax avoidance by multinational companies?

• Increased local investment

• Higher taxes in the UK

• Less money for UK government projects

• More competition in local markets