Podcast
Questions and Answers
What is a primary motivator for entrepreneurs to start their own businesses?
What is a primary motivator for entrepreneurs to start their own businesses?
- To work long hours
- To fulfill a social responsibility
- To gain freedom and flexibility in running a company (correct)
- To make a lot of money quickly
What is the key difference between internal and external stakeholders?
What is the key difference between internal and external stakeholders?
- Internal stakeholders are more interested in the business
- Internal stakeholders are not affected by the business
- External stakeholders are more powerful
- Internal stakeholders are directly involved in company operations (correct)
What is accountability in the workplace?
What is accountability in the workplace?
- The ability to take responsibility for the tasks assigned
- The power to make decisions without consulting others
- An obligation to take responsibility for the tasks assigned and be answerable for the results (correct)
- The obligation to perform a specific function assigned to a job
What is one of the benefits that employees should receive from their employers?
What is one of the benefits that employees should receive from their employers?
Why is it important for employers to provide a safe and comfortable workplace?
Why is it important for employers to provide a safe and comfortable workplace?
What is the importance of regular health and safety training and facility checks?
What is the importance of regular health and safety training and facility checks?
What is an essential aspect of customer relationships according to the text?
What is an essential aspect of customer relationships according to the text?
Why should businesses follow environmental regulations?
Why should businesses follow environmental regulations?
What is a key consideration for entrepreneurs when dealing with suppliers?
What is a key consideration for entrepreneurs when dealing with suppliers?
Why should businesses share accurate financial information with shareholders and creditors?
Why should businesses share accurate financial information with shareholders and creditors?
What is the purpose of government permits and licenses for businesses?
What is the purpose of government permits and licenses for businesses?
What is an important aspect of a company's social responsibility?
What is an important aspect of a company's social responsibility?
