Common Business Terminologies Quiz 13 – Punjab Meritorious School Preparation Portal

Welcome to your Common Business Terminologies Quiz 13 CBT TEST

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Name

School Name with City

Phone Number

The declaration which lists the functions of an organization and mentions about the purpose of its employees, customers, and suppliers is called the

Customer Statement

Mission Statement

Supplier Statement

Employee Statement

What is triple bottom line?

An accounting tool that looks at the impact on people, planet and profits.

A management strategy which states all the attention should be on profits.

An accounting tool that looks at cost, profit and loss.

A management strategy which focuses on corporate social responsibility.

Dividends _____the rate of return?

Decrease

Increase

Have no effect on

Increase the risk of

What is sustainable development?

The development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

To conserve natural resources and to develop alternate sources of power while reducing pollution and harm to the environment.

It is the practice of developing land and construction projects in a manner that reduces their impact on the environment by allowing them to create energy-efficient models of self-sufficiency.

All of the above

Which of the following is correct, if we only achieve two out of three pillars of Sustainable Development?

Social + Economic Sustainability = Equitable

Social + Environment Sustainability = Bearable

Economic + Environmental Sustainability = Viable

All of the above

____is a tool corporate governance.

Training

Recruitment

Communication

Consulting

The triple bottom line, or 3Ps, focuses mostly on a company’s responsibility to its ____.

owners

employees

shareholders

stakeholders

An organization’s core beliefs, or ____, guides their overall thinking and actions.

mission statement

values

vision statement

mantra

Corporations are controlled and directed by which one of the following?

Corporate ethics

Corporate codes

Corporate governance

Corporate mechanism

The return may be thought of as ______________.

The growth in the value of an investment.

The risk associated with an investment.

Obtained only if the company pays dividends: without dividends, return is 0.

The process of returning the stock to the corporation that issued it.

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