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?

<p>Technology and Organizational Task (C)</p> Signup and view all the answers

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

<p>QR-based Access and Event Registrations (A)</p> Signup and view all the answers

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

<p>Producing goods and services (D)</p> Signup and view all the answers

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

<p>Creation of an organizational structure (B)</p> Signup and view all the answers

What is the role of government in the financial sector?

<p>Rule-making and providing public goods/services (B)</p> Signup and view all the answers

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

<p>Planned Capitalism (D)</p> Signup and view all the answers

What is the main function of an economic system?

<p>To determine what and how goods/services are produced and distributed (D)</p> Signup and view all the answers

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