Principles of Business Administration

A summary of an organisations aims is a what?

• Values

• Vision Statement

• Mission Statement

• Corporate identity

The rising costs that can impact an organisation is know as what?

• Inflation

• Exchange rate

• Labour market

• Global market

Which of the following is not an external factor that might impact a business?

• Supply chain

• Market forces

• Policy/regulatory change

• Change of CEO

What could be a positive impact of change?

• Loss of jobs

• Competition amongst staff

• Lack of motivation

• Better working pactices

Which of the following should you do when managing change?

• Let your own thoughts known

• Communicate with those impacted as soon as possible

• Collaborate with those impacted

• Consider the practical and emotional impact

A purchase order is a what?

• A list of what you want to order

• A document issued by a buyer committing to pay the seller for goods/services

• A way of obtaining a quote

• A record of what you have ordered

Which of the following is not covered by UKGDPR?

• Information security

• Fairness & transparency

• Accuracy

• Freedom of Information

Which piece of Health & Safety Legislations relates to chemicals?

• RIDDOR

• Health & Safety at Work Act

• DSE

• COSHH

Which of the following is reportable under RIDDOR?

• An accident that means you can not work for 5 days

• Death

• A trip

• A fall

What does the I stand for in RIDDOR?

• Injuries

• Incidents

• Infections

• Inflicted