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People in the UK earn entitlements to Social Security through the payment of National Insurance. Under what circumstances are people provided payment? Select THREE
People in the UK earn entitlements to Social Security through the payment of National Insurance. Under what circumstances are people provided payment? Select THREEA . sickness B. redundancy C. retirement D. change of job E. marriageView AnswerAnswer: A,B,C Explanation: Social Security can be claimed in sickness, loss of a job,...
Which of the following is a disadvantage to this?
SA8000 measures an organisation's social accountability. Which of the following is a disadvantage to this?A . it is industry specific B. it is not recognised in some countries C. it requires a management system which can be costly to implement D. it is only applicable to larger organisationsView AnswerAnswer: C...
During the transition period at the end of a contract, which of the following is usually the most difficult or complicated to organise?
During the transition period at the end of a contract, which of the following is usually the most difficult or complicated to organise?A . returning of physical assets B. drawing up an exit strategy C. document transfer D. knowledge transfer and IP rightsView AnswerAnswer: D Explanation: Knowledge transfer and IP...
Which of the following could be considered a competitive advantage for a company?
Which of the following could be considered a competitive advantage for a company?A . reduced lead times B. high profit margin C. return on investment D. brand reputationView AnswerAnswer: A Explanation: Reduced Lead Times is a form of Competitive Advantage. Competitive Advantage is something one company does well that would...
Labour standards facilitate international trade and there are international regulations to secure this. Is this statement TRUE?
Labour standards facilitate international trade and there are international regulations to secure this. Is this statement TRUE?A . yes- labour standards are regulated by the UN and other multi-national bodies B. yes- there is a minimum labour standard governing pay and conditions C. no- labour standards vary from country to...
Banks, Investors and Consumers form which type of stakeholder?
Banks, Investors and Consumers form which type of stakeholder?A . internal stakeholder B. external stakeholder C. connected internal stakeholder D. connected external stakeholderView AnswerAnswer: D Explanation: These are connected external stakeholders. They have direct contractual or commercial dealings with a company. Internal stakeholders are inside the business (e.g. employees) and...
Under the Equalities Act 2010 which of the following is not a protected characteristic?
Under the Equalities Act 2010 which of the following is not a protected characteristic?A . disability B. pregnancy C. age D. weightView AnswerAnswer: D Explanation: Weight is not a protected characteristic. The other three are. Others include; race, sex, sexual orientation, sexual reassignment, marriage status, race and religion/ belief
Which of the following form the 'Triple Bottom Line'? Select THREE
Which of the following form the 'Triple Bottom Line'? Select THREEA . people B. planet C. product D. profit E. placementView AnswerAnswer: A,B,D Explanation: People, Planet and Profit are the 'triple bottom line' - see p.3 of the study guide. This is also known as the 3Ps
What is the purpose of an IPO (International Procurement Organisation)?
What is the purpose of an IPO (International Procurement Organisation)?A . to encourage all organisations to move operations abroad B. to identify the most cost effective manufacturers across the world C. to facilitate transport logistics D. to run background checks on potential international supply partnersView AnswerAnswer: B Explanation: An IPO...
Which of the following are advantages of doing this?
Vincent is a Procurement Manager based at a manufacturing organisation in France. His company are considering signing up to the EU's EMAS system (Eco-Management and Audit Scheme). Which of the following are advantages of doing this? Select THREEA . it focuses the organisation on improving environmental performance B. it will...
