Business and Technology (BT) Core Flashcards
6 cards from real ACCA AK practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Business and Technology (BT) Core flashcards as text
Which of the following best describes the role of a mission statement in an organisation?
Answer: It sets out the organisation's purpose and reason for existence
A mission statement defines the fundamental purpose of an organisation — why it exists and what it seeks to achieve. It is distinct from financial targets, budgets, or governance structures.
In Mintzberg's organisational configurations, which structure is characterised by a dominant strategic apex with centralised decision-making?
Answer: Simple structure
Mintzberg's simple structure features a dominant strategic apex (typically the owner/founder) who makes all key decisions centrally, with minimal middle management and little formalisation.
Under the UK Bribery Act 2010, which of the following would constitute an offence?
Answer: Making a payment to a foreign official to secure a government contract
The UK Bribery Act 2010 makes it an offence to bribe a foreign public official to obtain or retain business. Proportionate hospitality and modest promotional gifts are generally not offences.
Which of the following is a characteristic of an entrepreneurial structure?
Answer: Decision-making concentrated at the top with the owner-manager
An entrepreneurial structure is typified by centralised decision-making by the owner-manager, with few formal rules, minimal hierarchy, and direct supervision as the primary coordinating mechanism.
Which stakeholder mapping model plots stakeholders according to their level of interest and power?
Answer: Mendelow's matrix
Mendelow's matrix (also called the power/interest matrix) classifies stakeholders into four quadrants based on their level of power and level of interest, helping organisations determine appropriate engagement strategies.
What does the acronym PESTEL stand for in the context of environmental analysis?
Answer: Political, Economic, Social, Technological, Environmental, Legal
PESTEL analysis examines the macro-environmental factors affecting an organisation: Political, Economic, Social, Technological, Environmental, and Legal. It is a widely used framework in strategic analysis.