Corporate Social Responsibility and Management Concepts

What is a business primarily involved in?

• Distribution of services

• Production of goods

• All of the above

• Satisfying human needs

Which of the following is a primary business activity?

• Manufacturing

• Retail

• Farming

• Banking

What type of business organization has one owner?

• Cooperative

• Public Limited Company

• Sole Trader

• Partnership

What is the main purpose of a business in the private sector?

• To provide employment

• To earn profit

• To satisfy consumer demand

• To improve standards of living

Which of the following is an example of a tertiary business activity?

• Fishing

• Farming

• Banking

• Mining

What is the key feature of a Private Limited Company?

• Shares sold publicly

• One owner

• Unlimited liability

• Limited liability

What is a common objective of businesses?

• Profit maximization

• Social media presence

• Employee satisfaction

• Market domination

Who are considered internal stakeholders in a business?

• Government

• Employees

• Suppliers

• Customers

What does the PESTLE framework analyze?

• Internal factors

• Financial performance

• Market share

• External factors

Which of the following is a macro environment factor?

• Suppliers

• Economic conditions

• Customers

• Competitors