Managing The Business 1 The Managing The Business 1 Quiz1. When the exact specification for the project is defined and agreed it should;- Select all that apply Define the objectives and outcomes of the project Define timescales, budget, scope, authority Establish staffing resources required and ideally nominate the team Define milestones at which progress will be reviewed and measured2. Emergency plans should include;-. Select all that apply assigning roles and responsibilities to people who will take charge in an emergency, such as fire wardens or first aiders ensuring the responsible people are known and clearly visible to staff, their authority easily recognised in an emergency The process for fire drills and evacuation to be rehearsed regularly, with everyone knowing what action is expected of them. Calling the emergency services3. Producing a formal written CSR policy Select all that apply helps the management team to focus on what is important to them and how they want the business to be perceived by others Fulfils a legal requirement enhances a company’s credibility helps to identify core values4. In an evolution of CSR strategy, forward thinking companies are increasingly helping to support poorer communities in areas that could one day become rewarding markets for them. True False5. A company CSR policy must include the business’ Health and Safety Policy True False6. Business Continuity Management (BCM) usually involves having a contingency plan in place should disaster strike, to ensure that essential functions can continue during and after the disaster, and to minimize the disruption by avoiding the impact of an unplanned interruption of service. True False7. All companies would be well advised to plan how they can take protective measures because;- Select all that apply Protecting the company and its future is the top priority for most business owners Any large business that uses the outsourced services of smaller third parties or subcontractors may specifically exclude those who don’t have a Business Continuity Plan in place. Small companies will not be able to afford it A very high percentage of businesses affected by an incident such as data loss, will never resume trading, or will cease trading within a year.8. When planning a project, particular attention needs to be paid to interdependent tasks, where one task cannot be begun until another is completed. True False9. The critical path is the length of the sequence of tasks that have to be completed individually so that the project is completed. True False10. When planning a project, its scope is agreed with the management who are financing the project. The intended Project Manager will usually be directly involved in this stage, and will not allow any negotiation or debate. True FalseBe sure to click Submit Quiz to see your results! Name Email Time is Up!← Supervisor and Performance ManagementManaging The Business 2 →
