75 Questions
What is the main cause of inequality according to the text?
Disparities in opportunities and treatment based on social status
What is the definition of poverty according to the text?
The deprivation of essential needs and services
How does poverty impact economic participation?
By restricting full participation in the economy
What is cyclical poverty?
Poverty that ensures its perpetuation across generations
How does poverty and inequality affect businesses?
By increasing the need for security measures
What is the definition of inclusivity in a business context?
Ensuring equal opportunities for all
What are the aims of inclusivity in a business context?
Reducing inequality and fostering a more skilled workforce
How does inclusivity benefit businesses?
By harnessing a wide range of skills and perspectives
What is the relationship between poverty and crime according to the text?
Poverty and inequality increase crime rates
What is the impact of poverty on the economy according to the text?
Poverty restricts full participation in the economy
What is the main goal of the Employment Equity Act?
To encourage businesses to have a workforce that reflects society's demographic makeup
Which of the following is NOT an impact of unemployment?
Economic growth
What is the primary business impact of HIV and AIDS?
Reduced labor productivity
Which of the following is NOT a definition related to piracy, counterfeiting, and bootlegging?
The authorized use of another's work
What is the main impact of illegal gambling on the economy?
Provides funding for organized crime
Which of the following is NOT a characteristic of pyramid schemes?
Benefits newer recruits more than those at the top
What is the impact of workplace violence on businesses?
Increased financial and human resource losses
Which of the following is NOT a form of industrial action?
Collective bargaining
What is the primary impact of HIV and AIDS on businesses?
All of the above
What is the main goal of employment equity?
To reflect the demographic makeup of society in the workforce
What is the impact of piracy and counterfeiting on consumer protection?
Ensures market integrity
What is the primary reason why intellectual property theft discourages investment in new product development?
Leads to potential revenue loss
How does illegal gambling contribute to social issues and the economy?
Funds organized crime
What characterizes workplace violence in a business context?
Results in financial losses for businesses
How do strikes and labor disputes impact the reputation of a company?
Significantly disrupt production
What distinguishes bootlegging from counterfeiting in a business context?
Primarily illegal sale of recording media
Why does pyramid schemes pose risks to newer recruits who join them?
Primarily benefit those at the top
How does unemployment contribute to economic strain?
Reduces living standards
What is the primary impact of HIV and AIDS on labor productivity?
Reduces labor productivity
How do money laundering activities impact economic stability?
Undermine economic stability
What is the primary reason why poverty restricts full participation in the economy?
As a result of diminished consumer markets and business opportunities
Which of the following is NOT an aim of inclusivity in a business context?
Minimizing diversity to focus on a specific set of skills
What is the main cause of cyclical poverty?
Lack of access to quality education and employment opportunities
What is the primary impact of inequality and poverty on businesses?
Diminished consumer markets and business opportunities
Which of the following is NOT a disadvantage of poverty and inequality?
Decreased crime rates
What is the relationship between poverty and crime according to the text?
Poverty and inequality lead to increased crime rates
What is the impact of cyclical poverty on the economy?
Reinforcing societal divides
What is the primary impact of unemployment on living standards?
It reduces living standards due to lack of income.
Which of the following is NOT a form of industrial action mentioned in the text?
Boycotts
What is the main impact of counterfeiting on market integrity?
It undermines market integrity by allowing substandard products.
What is the primary impact of HIV and AIDS on labor productivity?
It decreases labor productivity by affecting the most economically active populations.
Which of the following is NOT a consequence of workplace violence for businesses?
Increased productivity
What is the main goal of the Employment Equity Act?
To reflect society's demographic makeup in the workforce
Which of the following is NOT a characteristic of pyramid schemes?
They benefit all participants equally
What is the main impact of bootlegging on the economy?
It contributes to the funding of organized crime
How does cyclical poverty perpetuate societal divides according to the text?
By reinforcing the lack of access to quality education and employment opportunities
Which of the following is a potential benefit of embracing inclusivity in a business context?
Fostering a more skilled and equitable workforce
What is the primary impact of poverty on businesses according to the text?
Diminishing consumer markets and business opportunities
Which of the following is NOT a potential consequence of workplace violence for businesses?
Increased employee loyalty and job satisfaction
Which of the following is the main goal of the Employment Equity Act?
Reducing income inequality and fostering a more skilled workforce
What is the relationship between poverty and crime according to the text?
Poverty and inequality often lead to increased crime rates, necessitating higher spending on security measures by businesses
What is the primary impact of HIV and AIDS on labor productivity according to the text?
Decreasing the availability of skilled labor and increasing hiring costs
Which of the following is NOT a form of industrial action mentioned in the text?
Boycotts
What is the main impact of counterfeiting on market integrity according to the text?
Undermining consumer confidence and trust in brands
Which of the following is NOT a characteristic of pyramid schemes?
Focusing on selling legitimate products or services
Which of the following is an indirect impact of illegal gambling on the economy?
Contributing to social issues such as crime and poverty.
What is the main difference between lock-outs and go-slows in the context of industrial action?
Lock-outs are employer-imposed work stoppages, while go-slows are deliberate slowdowns by employees.
What is the primary reason why intellectual property theft discourages investment in new product development?
It deters investment due to potential revenue loss.
Which of the following is NOT a consequence of workplace violence for businesses?
Improved employee morale.
What is the main impact of HIV and AIDS on businesses?
It reduces labor productivity.
What is the primary impact of cyclical poverty on the economy?
It restricts full participation in the economy.
What distinguishes bootlegging from counterfeiting in a business context?
Bootlegging refers to the illegal production and sale of alcoholic drinks or recording media, while counterfeiting involves producing imitation products.
What is the main cause of inequality according to the text?
Limited access to education and resources.
How do strikes and labor disputes impact the reputation of a company?
By causing significant disruption to production and potentially damaging the company's reputation.
Which of the following is NOT a characteristic of pyramid schemes?
They contribute to economic stability.
How does poverty restrict full participation in the economy?
By diminishing consumer markets and business opportunities
What perpetuates poverty across generations?
Access to quality education and employment opportunities
Which factor often results from poverty and inequality, leading to increased business operational costs?
Increased crime rates
What is the aim of embracing diversity in a business context?
To foster a skilled and equitable workforce
How does inclusivity in a business context impact social issues?
It reduces vulnerability and marginalization
What contributes to the perpetuation of poverty across generations?
Access to quality education and employment opportunities
In a business context, why does poverty lead to higher security costs for businesses?
Increased crime rates that necessitate higher security spending
Why is inclusivity essential for fostering a skilled and equitable workforce in business?
To harness a wide range of skills and perspectives
What is the primary impact of poverty on consumer markets and business opportunities?
Reduction in consumer markets and business opportunities
How does poverty impact economic participation in the business environment?
By restricting full participation in the economy
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