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Questions and Answers
What is a business tool?
What is a business tool?
A business tool is any asset that helps or assists the organization to achieve its stated aims or objectives.
Which of the following items can be considered a business tool? (Select all that apply)
Which of the following items can be considered a business tool? (Select all that apply)
A stapler is considered a significant item for a business.
A stapler is considered a significant item for a business.
True (A)
Finding the tool requires a tool ______ to ensure items are locatable.
Finding the tool requires a tool ______ to ensure items are locatable.
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What are some methods to record details of business tools?
What are some methods to record details of business tools?
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What is a criterion to identify a portable business tool?
What is a criterion to identify a portable business tool?
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Study Notes
Unit 1: Access And Use Common Business Tools
- Performance criteria include identifying, using, obtaining, and maintaining business tools in line with enterprise policies.
- Essential focus on using tools efficiently to achieve work outcomes while minimizing theft and fraud.
Defining a Business Tool
- Business tools are assets that help organizations meet objectives.
- Varied in size, complexity, danger, and importance; includes both large equipment and portable items.
- Emphasis on portable items which pose unique management challenges.
Criteria for Monitoring Business Tools
- Businesses need clear criteria for monitoring tools effectively.
- Example: Monitoring of a salesperson's mobile phone to manage business-related costs.
- Importance of distinguishing between business tool types (e.g., employee vs. owner tools).
Common Business Tools
- Examples include:
- Digital cameras, mobile phones, pagers, scanners
- Photocopiers, notebooks, dictation machines, order-taking handhelds
- Software tools like email, wikis, and company websites.
- Each tool represents a significant investment and may require monitoring and maintenance.
Classification Criteria for Business Tools
- Portable and attractive tools can be targets for theft due to their nature.
- Significant small items may cause loss and are essential for business operations.
- Tools need control measures as their loss can incur high costs.
- Training is often necessary for proper usage and damage prevention.
Registering Business Tools
- A register is crucial for tracking portable items, ensuring locatability and identification.
- Each business should determine necessary data for registration based on its specific needs.
Methods for Storing Tool Details
- Paper Approach: Simple asset register maintained by a business officer.
- Spreadsheets: Customizable, password-protected, allowing access control for data editing.
- Electronic Document Files: Utilize word processing for structured record-keeping, useful for teams needing shared access.
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Description
Test your knowledge on identifying and using common business tools in accordance with enterprise policies. This quiz will assess your understanding of efficient and effective tool usage, as well as storage and maintenance practices in a workplace setting.
