Company Dynamics

Which organizational structure allows for full control but also full personal liability?

• Partnership

• Sole Proprietorship

• SDN BHD

• BERHAD

Question 3: What is a key principle of design thinking?

• Synergy

• Empathy

• Precision

• Rigidity

What is the foundation of a customer-centric approach?

• Understanding and addressing customer needs

• Maximizing profits at all costs

• Rapid product development

• Focusing solely on marketing efforts

Which historical period saw the emergence of guilds and regulated trades?

• Ancient Rome

• Renaissance

• Middle Ages

• Industrial Revolution

What type of company structure is characterized by shared responsibilities between partners?

• Sole Proprietorship

• SDN BHD

• Partnership

• BERHAD

What would be a key principle of successful customer engagement?

• Providing generic solutions to all customers

• Building lasting relationships

• Ignoring customer feedback

• Prioritising company interests over customer satisfaction

Which era saw the rise of multinational corporations like Ford and General Electric?

• Industrial Revolution

• Age of Exploration

• Ice Age

• Renaissance

Which technology is known for its potential to transform industries through automation and data-driven insights?

• Internet of Things (IoT)

• Virtual Reality (VR)

• Artificial Intelligence (AI)

• Augmented Reality (AR)

What is the guiding principle of open innovation?

• Relying solely on internal ideas and resources

• Keeping all innovations proprietary

• Avoiding any form of partnership

• Collaborating with external stakeholders and partners

What is the main advantage of a Flat Organizational Structure?

• Streamlined communication

• Strict hierarchy

• Centralized decision-making

• Maximum control for top management