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Chapter 5 Pop Quiz

Total questions: 10

Worksheet time: 28mins

Name
Class
Date
1.

.Which of the following best matches the ‘Just in Time’ inventory management approach?  

a)

Organises inventory by size and colour.  

b)

Supplies are purchased prior to receiving customer orders.  

c)

Counts inventory to detect theft.

d)

Supplies are purchased after receiving customer orders.  

2.

What is the 3 criteria in the triple bottom line?

a)

Financial, Social and Environmental

b)

Financial, Social and Technological

c)

Social, Financial and Management

d)

Environmental, Social and Economic

3.

Which business structure outsources their functions (manufacturing, IT support, etc)  

a)

Flatter Structure

b)

Network Structure

c)

Matrix Structure

d)

Hierarchical Structure

4.

What is a code of ethics?

a)

Provides written guidelines to its employees and management to help them conduct their actions in accordance with the values and ethical standards of the business.

b)

Outlines the policies and procedures of the business.

c)

Outlines how to operate dangerous equipment.

d)

Provides written guidelines to its employees and management to help them conduct their actions in accordance with the policies and procedures of the business.

5.

What does GDP stand for?

a)

Gross Dividends Product

b)

Gain Dividends and Profit

c)

Gross Domestic Product

d)

Gross Domestic Profit

6.

Identify two technologies that can help businesses be innovative

4 lines
7.

Explain why it is beneficial for a business to monitor their environmental performance.

4 lines
8.

Explain two features of the hierarchical structure.

4 lines
9.

Explain how upskilling your employees (providing further training could increase Australia's GDP?

4 lines
10.

An employee has been using the computers at work to online shop rather than replying to customer emails. Do you think this is ethical or unethical behaviour? Justify your response.

4 lines