Route 1

Which type of organisation is owned and operated by government agencies?

• Private

• Public

• Non-governmental

• Voluntary/charity

What is the primary purpose of voluntary/charity organisations?

• To make a profit

• To benefit society without government intervention

• To provide employment

• To manage large enterprises

Which type of organisation is classified based on the number of employees and turnover?

• Large enterprises

• Small or medium enterprises

• Non-governmental organisations

• Public organisations

What is a key characteristic of non-governmental organisations (NGOs)?

• They are always for-profit

• They are financed by shareholders

• They operate independently of the government

• They are managed by the government

Which of the following is NOT a source of funding for NGOs?

• Membership fees

• Sales of goods and services

• Private donations

• Government taxes

Who are considered internal stakeholders of a business?

• Customers

• Suppliers

• End users

• Government agencies

What is the role of the board of directors in a business?

• To manage day-to-day operations

• To represent shareholders' interests

• To provide technical support

• To handle customer complaints

Which department in a business is typically responsible for managing employee relations and benefits?

• Accounting and finance

• Human resource management (HR)

• Research and development (R&D)

• Sales

What does the term "dividend policy" refer to?

• The amount of tax a business pays

• The strategy for distributing profits to shareholders

• The process of hiring new employees

• The method of setting product prices

What is the role of an external stakeholder in a business?

• They have no effect on the business.

• They control the business operations directly.

• They can influence the business through legislative policy.

• They are always part of the company's internal team.