Commercial/ Business Principles T-Levels

A company who sponsors local fundraising events are likely to build a good reputation for their...

• CSR

• BSE

• ISO

• PLC

An individual who works on a self-employed basis would most likely be classed as what?

• Partnership

• Sole Trader

• Public Limited Company

• Private Limited Company

An advantage of being a sole trader is that you get as set amount of holiday pay per year.

• True

• False

In a partnership, both party's assets are liable if there is a problem.

• True

• False

What would you call a company who are registered with Companies House and who have shares open to buy to the public?

• Sole Trader

• Partnership

• Public Limited Company

• Private Limited Company

Which one of these business has no need or objective to make a profit?

• Sole Trader

• Partnership

• Not for Profit Organisation

• None of these

Which one of these would be classed as a social objective within a business?

• Testing regimes

• Adhering to Building Regulations

• Only employing local people

• Using eco-friendly processes

Financial stability, Ethical Values, Care for Life and Collaborative Working are all examples of what?

• Sustainable technologies

• A bussiness' values

• CSR

• ISO 9000

Innovation in construction can...

• Contribute to the economy as a whole

• Open up new career opportunities

• Improve existing products or services

• All of the above

The core principle of CSR is that a company operates in ways that...

• Harm society and the environment, instead of enhancing them.

• Employ as many people as possible

• Make as bigger profit margin as possible

• Enhance society and the environment, instead of harming them