Podcast
Questions and Answers
Which feature is common to both co-operatives and mutual associations?
Which feature is common to both co-operatives and mutual associations?
- Surplus distribution based on shares held
- Promotion of education
- Democratic control (correct)
- Outside investors ownership
What type of stakeholder is classified as a secondary stakeholder?
What type of stakeholder is classified as a secondary stakeholder?
- Community
- Shareholders
- External stakeholder (correct)
- Management
In which situation would a primary stakeholder be classified as an internal & connected stakeholder?
In which situation would a primary stakeholder be classified as an internal & connected stakeholder?
- When they own shares in the organization
- When they are not directly involved in the operations
- When they are part of the organization's management
- When they have a contractual relationship with the organization (correct)
What can lead to conflict according to the text?
What can lead to conflict according to the text?
What distinguishes a credit union as a mutual association?
What distinguishes a credit union as a mutual association?
In terms of the Mendelow's Matrix, stakeholders with high power and low interest are classified as:
In terms of the Mendelow's Matrix, stakeholders with high power and low interest are classified as:
What is used to analyze uncertainty in the business environment according to the text?
What is used to analyze uncertainty in the business environment according to the text?
Which of the following factors is NOT mentioned as affecting business according to the text?
Which of the following factors is NOT mentioned as affecting business according to the text?
Which approach to environmental analysis is mentioned in the text?
Which approach to environmental analysis is mentioned in the text?
In the context of organisations achieving their aims, what is crucial according to the text?
In the context of organisations achieving their aims, what is crucial according to the text?
What is the main difference between a limited company and a sole trader?
What is the main difference between a limited company and a sole trader?
Which type of company requires consent from shareholders for the sale of shares?
Which type of company requires consent from shareholders for the sale of shares?
What is a major advantage of Public Limited Companies over Private Limited Companies?
What is a major advantage of Public Limited Companies over Private Limited Companies?
Which statement best describes the role of non-executive directors in a Limited Company?
Which statement best describes the role of non-executive directors in a Limited Company?
Why might a company choose to become a Public Limited Company over a Private Limited Company?
Why might a company choose to become a Public Limited Company over a Private Limited Company?
What is a disadvantage specific to limited companies mentioned in the text?
What is a disadvantage specific to limited companies mentioned in the text?
What is the role of the strategic apex in the organization according to the text?
What is the role of the strategic apex in the organization according to the text?
Which group is responsible for converting inputs into outputs in the organization's structure?
Which group is responsible for converting inputs into outputs in the organization's structure?
What is a disadvantage of a functional structure as mentioned in the text?
What is a disadvantage of a functional structure as mentioned in the text?
What is the primary advantage of a functional structure according to the text?
What is the primary advantage of a functional structure according to the text?
Which group is responsible for determining the quality of output required in the organization?
Which group is responsible for determining the quality of output required in the organization?
What is wrongful dismissal?
What is wrongful dismissal?
What is unfair dismissal?
What is unfair dismissal?
What does the UK Data Protection Act 2018 protect?
What does the UK Data Protection Act 2018 protect?
What are the key risks affecting data protection?
What are the key risks affecting data protection?
What is personal data under data protection principles?
What is personal data under data protection principles?
Why is there concern about data protection related to computerized data?
Why is there concern about data protection related to computerized data?
