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Fundamentals of Business Economics Questions and Answers

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Question 1

Which of the following are external stakeholders for an organization?

i. Shareholders

ii. Customers

iii. Government

iv. Trade Unions

v. Pressure groups

vi. Employees

Options:

(i), (ii) and (iii) only

(ii), (iii) and (iv) only

(iii), (iv) and (v) only

(i), (v) and (vi) only

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Question 2

Which THREE of the following are objectives of corporate governance?

Options:

To ensure that managers have attractive compensation packages

To implement clear career progression routes for employees

To ensure that customers' needs are addressed

To ensure that a company is run in a legal and ethical manner

To implement incentives for managers to pursue long term financial sustainability

To increase transparency in company reporting

Question 3

Which of the following types of graph uses cumulative frequency distributions to illustrate information?

Options:

Bar chart

Histogram

Scatter graph

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BA1 Exam Dumps : Fundamentals of Business Economics

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Fundamentals of Business Economics Questions and Answers

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