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Understanding Companies and Organizational Structure Quiz

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Understanding Companies and Organizational Structure Quiz

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Questions and Answers

What are the main goals that drive companies, according to the given passage?

Maximize profit, Growth, and Social (correct)

Maximize profit, Growth, and Quality

Satisfaction, Quality, and Survival

Satisfaction, Quality, and Social

Why do companies accept and adopt social goals, as stated in the passage?

To enhance corporate responsibility and achieve competitive advantage

To achieve competitive advantage and talent retention

To enhance corporate responsibility and create shared value (correct)

To create shared value and ensure talent retention

What are the elements through which companies create value, as mentioned in the passage?

Social, Humans, and Materials

Social, Intangibles, and Technologies

Humans, Materials, and Technologies

Intangibles, Humans, and Materials (correct)

What are the key factors in the productive process for companies, based on the given text?

Technology and Organizational Task Signup and view all the answers

What kind of technologies are being introduced in the tourism sector, as mentioned in the passage?

QR-based Access and Event Registrations Signup and view all the answers

What is the primary function of companies in the economic system?

Producing goods and services Signup and view all the answers

Which of the following is a fundamental dimension in understanding organizations?

Creation of an organizational structure Signup and view all the answers

What is the role of government in the financial sector?

Rule-making and providing public goods/services Signup and view all the answers

In which economic system does social protection, education, health, and social benefits have high priority?

Planned Capitalism Signup and view all the answers

What is the main function of an economic system?

To determine what and how goods/services are produced and distributed Signup and view all the answers