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Fundamentals of Business Economics Questions and Answers

Question 41

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

Question 42

An example of forward vertical integration is

Options:

The merger between Mercedes and Chrysler in the car industry

A car manufacturer taking over an engine factory

The Ford car company producing refrigerators

A car manufacturer investing in a chain of car showrooms and dealers

Question 43

Oxfam is a charity established to provide aid to the poor. Which ONE of the following statements about Oxfam is FALSE?

Options:

It is a private sector organization

It pursues social goals

It is a not-for-profit organization

It is responsible to its shareholders

Question 44

Which global institution is concerned with co-coordinating economic policies and agreeing banking and financial regulations?

Options:

The IMF

The World Bank

The World Trade Organization

The G20

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Fundamentals of Business Economics Questions and Answers

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CompTIA

Fortinet

Microsoft

Salesforce