Business Change & Leadership
What term refers to anticipating changes rather than responding to them after they occur?
Proactive
Name a key performance indicator related to employees' presence.
Staff Absenteeism
What management technique involves minimising expenses?
Cost cutting
How does globalization drive business change?
Expanded markets & competition
What is the name of the fictional paper company in the US "The Office"?
Dunder Mifflin
Who formulated the Force Field Analysis theory?
Lewin
What indicator measures efficiency?
Level of wastage
How does redeployment of resources affect a business?
Resource optimisation
Name a way technology can drive change.
Automation
Who played the role of a young entrepreneur in "The Social Network"?
Jesse Eisenberg
Name a common driving force for change related to technology.
Innovation
What can website hits indicate for a business?
Online engagement/popularity
What's the benefit of innovation for new business opportunities?
Competitive advantage
What's the role of legislation in global business?
Regulation
In "Mad Men," what industry does the main character work in?
Advertising
What's one low-risk strategy to overcome employee resistance?
Communication, empowerment, support, incentives
Which indicator shows the performance of a business compared to competitors?
Market Share
What is global sourcing?
Acquiring inputs from around the world
How can global outsourcing impact a business's finances?
Cost savings
Name the real-life entrepreneur who was portrayed by Michael Fassbender in a 2015 film.
Steve Jobs
What are the two key approaches in Porter’s Generic Strategies?
What two things does staff turnover measure?
Employees leaving and needing to be replaced.
What is a potential benefit of overseas manufacturing?
Lower production costs
How can societal attitudes drive global change?
Shaping demand, ethics
In "Wolf of Wall Street," what illegal activity was the brokerage firm engaged in?
Pump and dump scheme/Stock manipulation/penny stocks.