1) The Operations Manager of a leading sportswear manufacturer needs to increase output in advance of an international football competition. An increase in output is likely to affect the human resources function of the business because: a) business costs will be reduced b) more employees will need to be recruited c) more space will be required to store the sportswear clothing d) the manufacturer will advertise strongly during the competition 2) One way the finance function of a firm can support the human resources function is by: a) ordering raw materials from a local supplier b) producing selection tests for job applicants c) restricting the number of new staff it can employ d) setting aside money for staff training 3) Which of the following is the most likely reason why the building of a new factory may not go ahead a) The finance function cannot find a suitable source of finance b) The human resources function needs to do a skills gap analysis c) The marketing function discovers the market for the products is growing d) The operations function needs to be trained to use the new machinery 4) An entrepreneur may decide not to offer a new service because: a) forecasted costs are too low b) rewards are too low c) the risks are too low d) there is a gap in the market 5) How could the human resources function help a business improve its ethical profile? a) By discriminating between employees b) By issuing contracts of employment to new recruits c) By offering less flexible working conditions d) By respecting the privacy of employees 6) Which of the following activities is most likely to directly help a business achieve its objective of increasing its market share by 1%? a) Finance monitoring cash inflows and outflows b) Human resources introducing an employee reward scheme c) Marketing running a successful advertising campaign d) Operations improving productivity 7) Which of the following stakeholders is most likely to be directly affected by a firm’s decision to increase its prices? a) Customers b) Employees c) Local community d) Suppliers 8) Corit plc, an established company, has published the following figures. This data is useful for company decision-making because: a) it shows that company profits are increasing year on year b) it shows that the business has nothing at all to worry about c) it shows that the business needs to reduce its expenses d) it shows that the company’s marketing function is ineffective

Check In Quiz 7: The Interdependent Nature of Business

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