Knowledge Questions for “Business Management”

Ethics:
1. What is Corporate Social Responsibility (CSR)? Why is it important for businesses to consider them?

Scope:
2. To what extent does marketing help in identifying and satisfying the needs and wants of customers?

Tools:
3. How does a PEST analysis help businesses in evaluating the external factors that may have an effect in
their profitability?

Perspectives:
4. In a businessman’s perspective, why is it important to be open-minded and risk-taker?

Ethics:
5. Can acting unethically ever be good for a business?

Scope:
6. Why is productive human resource management considered to be necessary?

Tools:
7. How does SWOT analysis help in identifying the strengths, weaknesses, opportunities, and threats in
different business organization?