Question 1

2022-01-08-15-23-15-5ff256843b7f730e8810dbd6542f5a44

Which of the following will you put into box 4?

Options :

A : increase business profits

B : increase market share

C : desire to improve CSR

D :

desire to innovate

Answer: C

Question 2

A leading coffee retailer has begun an initiative in which it advocates buying raw materials such as coffee beans from farmers rather than using an intermediary such as an exporter. In doing so it is using a partnering approach and helping to invest in the local area. What is this practice known as?

Options :

A : Fair Trade

B : Direct Trade

C : Green washing

D : Trade Initiative

Answer: B

Question 3

Which of the following could be considered a competitive advantage for a company?

Options :

A :

reduced lead times

B : high profit margin

C : return on investment

D : brand reputation

Answer: A

Question 4

Which of the following will you put into box 2?

Options :

A : Improve Technology

B : Reduce Red Tape

C : Cost Reduction

D : Gain Competitive Advantage

Answer: A

Question 5

Which of the following will you put into box 1?

Options :

A : equality

B : fraud

C : corruption

D : modern slavery

Answer: D