Unit 1: Features of an organisation

• Bedrijfseconomie
• MBO
• Studiejaar 1

Unit 1: Features of an organisation

Welcome to Exploring Business!

Every day, we use products and services from hundreds of businesses.

But what is a business? And what makes one successful?

“Name one business you used this week and what they sell or do.”

What is the main aim of most businesses?

1. To provide goods or services to satisfy customers
2. To make sure employees are always happy
3. To help other businesses only
4. To follow government rules

Which of the following is a public sector business?

1. The Department for Education
2. River Island
3. British Airways
4. Shell

Which statement describes a not-for-profit organisation?

1. It must compete globally
2. It exists to cover costs and achieve a social goal
3. It sells products to make highest profit
4. It focuses only on shareholders

What does liability mean in relation to ownership?

1. Complete control over a business
2. Exemption from legal responsibilities
3. Ownership of assets and property
4. Responsibility for debts and obligations

Which sector involves turning raw materials into finished goods?

1. Primary
2. Secondary
3. Quaternary
4. Tertiary

Which of the following best describes a local business?

1. A business with offices worldwide
2. An online company shipping globally
3. A small shop serving one neighbourhood
4. An airline flying across Europe

Scope

Local

Regional

National

International

Global

What is the size for an SME?

1. Up to nine staff
2. Between 10 and 49 staff
3. Between 50 and 249 staff
4. More than 250 staff

Why is innovation important for business success?

1. It helps develop new ideas and stay competitive
2. It increases bureaucracy
3. It keeps businesses the same
4. It reduces customer satisfaction

Innovation

In your opinion, what makes a business successful?

1. Innovation
2. Strong employees
3. Profit
4. Happy customers

What were difficult words for you?

Add to personal language file

Any difficult words + screenshot of meaning + source + description in own words.