L4) Planning and Corporate Social Responsibility

Which of the following is NOT one of the main topics covered in the lesson on the business environment?

• Effective Planning

• Organising Your Workload

• Corporate Social Responsibility (CSR)

• Marketing Strategies

What is a crucial aspect of being an effective member of a finance team according to the text?

• Attending numerous meetings

• Managing your own workload effectively

• Socializing with team members

• Focusing solely on personal tasks

What can be a consequence of not managing your time properly in a finance team?

• Increased personal time

• Missed deadlines

• More efficient meetings

• Reduced workload

According to the text, what impact does your workload management have on others in your team?

• It has no impact on others

• It affects their ability to meet their deadlines

• It improves team morale

• It decreases overall team productivity

What is a potential long-term consequence of being consistently late with work in a business environment?

• Increased efficiency

• Improved team morale

• Loss of reputation

• Higher employee satisfaction

How can being a little late with your workload affect the finance team specifically?

• It can increase financial transparency

• It can improve investment returns

• It can affect the solvency of the business

• It can lead to faster project completion

What is described as a cumulative effect of one person being late in a business chain?

• Immediate project completion

• Decreased overall delay

• No significant impact

• Progressive delay for each subsequent person

What is a crucial aspect to maintain a good reputation with colleagues according to the text?

• Frequently changing jobs

• Being unreliable

• Providing excuses for delays

• Being reliable

What should you do when work cannot be completed on time to maintain effective team communication?

• Avoid informing anyone about your progress

• Request help with your workload

• Work in isolation

• Keep all tasks to yourself

What is the consequence of consistently giving excuses for being late with work?

• Increased respect from colleagues

• Promotion

• Loss of respect from colleagues in the long run

• More responsibilities