22 Questions
What determines the size of a company in terms of headcount?
The number of full-time employees working in one year
What are the thresholds for a company to be considered a medium enterprise?
Less than or equal to 250 employees, turnover of at least 50 million, balance sheet of 43 million
Why are SMEs considered the engine of the European economy?
They offer job creation, economic growth, and social stability
Why is it important for SMEs to have a common definition across Europe?
To support only those enterprises that really need it and improve consistency and effectiveness
What is the defining factor for an entity to be considered an enterprise according to SMEs definition?
Engagement in economic activity
How is headcount calculated for a company?
In terms of annual working unit, with anyone working full time considered part of the annual unit
According to the text, which theory emphasizes the separation between ownership and control?
Agency or contractual theory
In which theory is the market considered to follow the invisible hand of Adam Smith?
Neo classical theory
Which theory views markets as imperfect and prone to transaction costs due to a lack of information?
Financial theory
Which concept defines the company as a set of elements that interact to achieve a common goal?
Company as a system
What is the branch of science that aims to address and study economic problems within a company, mentioned in the text?
Business economics
According to the text, what defines organizations as a group of interrelated elements working together towards a common goal?
Company as a system
What is the main objective of a company as an open system?
To maximize market value and create wealth
According to the text, which dimension contributes to building trust in a company?
Innovation and openness
What is the role of a stakeholder's map in a company?
To track relationships with various groups based on power and influence
In which system does a company operate in Spain?
Free market system
What is the significance of the positive synergising result for a company?
All systems working together are worth more than the sum of parts individually
What determines which CSR standard to apply in a company?
Senior management decision
What does the Merco index measure in the context of a company's reputation?
The emotional connection between people and the company
What contributes to the global system's influence over a company's elements?
Environmental considerations
What are the characteristics of a company as an open system according to the provided text?
Interacts with and influences the economic system
What is the main role of stakeholders in relation to a company?
Influencing the creation of wealth and value
Test your knowledge about the criteria used to determine the size of a company based on headcount, turnover, and annual balance sheet. Learn about the thresholds for classifying companies as small, medium, or large enterprises.
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