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Unit 1 LOC Culture, CSR, Impact

Total questions: 10

Worksheet time: 7mins

Name
Class
Date
1.

What is corporate culture?

a)

Corporate cultures, reach to the core of a company’s ideology and practice, and affect every aspect of a business.

b)

Corporate culture refers to the beliefs and behaviors that determine how a company's employees and management interact.

c)

It's a business model that helps a company be socially accountable

d)

A company's culture will be reflected in its dress code, business hours, office setup.

2.

Corporate culture can sometimes be described as how a business 'feels'.

a)

True

b)

False

3.

CSR stands for?

a)

Consumer Service Record

b)

Corporate Social Responsibility

c)

Caring, Sharing and Rapport

d)

Comprehensive Study Review

4.

Amazon Employed more than 40,000 veterans and military spouses, surpassing our goal of 25,000 by 2021 - what is this and example of?

a)

Corporate Social Responsibility

b)

Corporate Culture

5.

Which of these is NOT an Example of Amazon's Corporate Social Responsibility?

a)

Reaching net-zero carbon emissions across our operations by 2020

b)

Making 50% of all shipments net-zero carbon by 2030

c)

On a path to powering our operations with 100% renewable energy by 2025

d)

Reaching net-zero carbon emissions across our operations by 2040

6.

Your competitors are in the same line of business and they are offering the same product and service - what type of competition is this?

a)

Direct

b)

Indirect

7.

Business competition is the race or rivalry among business ? that are competing in the same niche.

(a)  

8.

Define: niche market

a)

a tiny market stall

b)

a comfortable or suitable position in life or employment.

c)

a market for niche people

d)

a small, specialised market for a particular product or service.

9.

How do Amazon differentiate themselves from their competitors?

a)

They offer a wide range of products and services

b)

They offer free delivery and other Prime benefits such as music

c)

They offer their customers a huge choice of vendor

d)

All of these

10.

Your competitors are offering the same product or service, but adopting a different business strategy to target their market - this is what?

a)

Direct competition

b)

Indirect competition