1.2 Business Scale and Operations Quiz

Why is it important for the scale of a business to match its level of operations?

• To ensure it can operate globally

• To make sure it can sell products to millions of people

• To ensure it operates efficiently and effectively

• To increase the number of employees

What is a key reason for MNCs to scale their operations globally?

• To reduce the number of employees

• To make and sell products efficiently to millions of people

• To focus on local markets only

• To decrease their profit margins

Why do owners and managers need to understand the scale and size of their business?

• To ensure it operates effectively and efficiently

• To increase the number of employees

• To focus on local markets only

• To decrease their profit margins

What factor influences the size of a business organisation's operation?

• The target audience

• The location of the business

• The number of employees

• The age of the business

Which of the following is an example of mass production for millions?

• Fast-food burgers

• Handmade jewelry

• Custom-built homes

• Luxury yachts

Why might the government need to know the size of a business?

• To ensure jobs are safe

• For taxes to charge, enterprise support, research and development

• For buying/selling shares

• For reliability and sales service

Why is it important for employees to know the size of a business?

• For local support and social responsibilities

• For buying/selling shares

• To ensure jobs are safe, pay rises, pensions, career progression

• For taxes to charge

What is a reason investors might need to know the size of a business?

• For growth, expansion or contraction

• For local support and social responsibilities

• For reliability and sales service

• For taxes to charge

Why might customers be interested in the size of a business?

• For buying/selling shares

• For reliability, sales service, reputation, brand continuity

• For taxes to charge

• For local support and social responsibilities

What is a reason communities might need to know the size of a business?

• For buying/selling shares

• For taxes to charge

• For local support, jobs, social responsibilities

• For reliability and sales service