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BASUAUDX - Midterm Review

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

A procedure is a set of rules or guidelines for your organization and employees to follow in or to achieve compliance

a)

TRUE

b)

FALSE

2.

tactic refers to the specific actions taken to reach the set goals in line with the strategy.

a)

TRUE

b)

FALSE

3.

Ethics should not be considered when companies evaluate their plan for product offerings

a)

TRUE

b)

FALSE

4.

Good Governance starts and maintained by top management

a)

TRUE

b)

FALSE

5.

To develop a sustainability strategy, a firm should prioritize effectively after they identify the issues that matters.

a)

TRUE

b)

FALSE

6.

Ecological sustainability looks at a company's implementation of recycling and waste reduction in value chain.

a)

TRUE

b)

FALSE

7.

After reviewing policies and commitment, the planning stage is undergone under the Environmental Management Systems.

a)

TRUE

b)

FALSE

8.

The push system supports the Just-in-Time system for lean manufacturing.

a)

TRUE

b)

FALSE

9.

Brand image can never be affected by sustainability efforts of he firm on its value chain.

a)

TRUE

b)

FALSE

10.

End of life management, including the packages of used products, is a concern on product sustainability, in particular, under sustainable procurement.

a)

TRUE

b)

FALSE

11.

A Mission Statement must be broad and aspirational in order to be kept in the minds of the stakeholders

a)

TRUE

b)

FALSE

12.

Lean Manufacturing reduces waste but it never reduces time because it is a more complex process in production of goods.

a)

TRUE

b)

FALSE

13.

Low liquidity, which can be identified using various Financial Ratios, is a weakness rather than a threat.

a)

TRUE

b)

FALSE

14.

One of the tools that can be used for continuous improvement of business process is Bench marking.

a)

TRUE

b)

FALSE

15.

Changes in trends and lifestyle of consumers can be analyzed using the PESTLE analysis

a)

TRUE

b)

FALSE