BCBUS MT Test 2006-07 - BC Course"Business and Enterprise...

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1 BC Course “Business and Enterprise” Course Code: BCBUS Michaelmas Term Test __ December 2006 Start of the term test: __5 pm __ End of the term test: __6 pm __ Student name________________________________ Student number______________________________ Instructions: The examination consists of three sections, 1, 2 and 3. All questions must be answered. Good Luck!
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2 Section 1. This section consists of five multiple choice questions. Each question carries 1 point. All questions must be answered. 1. A partnership comes into existence when a. The parties make an express or implied contract to operate a business in common with a view of profit b. The parties register under 1890 Partnership Act or 1908 Limited Partnership Act c. The parties sign Articles of Association d. All of the above 2. According to Schein (1992), which of the following does NOT belong to the primary culture-embedding mechanisms: a. Organizational design and structure b. How leaders react to critical incidents and crises c. Criteria for allocation of scarce resources d. Observed criteria by which leaders allocate rewards and status
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