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The unethical practice of using information that is not publicly available to trade on the stock market is commonly known as what?
The unethical practice of using information that is not publicly available to trade on the stock market is commonly known as what?A . bribery B. kickback C. insider trading D. greasing the wheelsView AnswerAnswer: C Explanation: This is Insider Trading- the definition is on p.2
An international trade dispute would be resolved by which organisation?
An international trade dispute would be resolved by which organisation?A . UN B. WTO C. ILO D. none- governments must resolve disputes themselvesView AnswerAnswer: B Explanation: The WTO can facilitate the settling of trade disputes. It's the body to which governments go in order to negotiate trade deals and resolve...
The use of child labour can affect which parties in the supply chain? Select TWO
The use of child labour can affect which parties in the supply chain? Select TWOA . producers B. retailers C. suppliers D. manufacturersView AnswerAnswer: A,D Explanation: Child labour is often found in production (e.g. agriculture or mining of raw materials) and in manufacturing (e.g. sweatshops). See p.17
Must Ben produce an Anti-Slavery Statement for his business?
Ben is the CEO of a medium sized company based in the UK with an annual turnover of £20million. He has a small supply chain that comprises of suppliers based in the UK and China. Must Ben produce an Anti-Slavery Statement for his business?A . yes- it is compulsory for...
Are they able to do this?
ABC Construction is in a contract with DEF Developers to deliver the construction of 40 new houses on a new housing estate. There is a 'Payment is of the Essence clause' in the contract. They are halfway through the project and DEF Developers have failed to pay ABC Construction for...
Which of the following statements about the ILO (International Labour Organisation) is incorrect?
Which of the following statements about the ILO (International Labour Organisation) is incorrect?A . it is body of the WTO B. the ILO has a representation and complaints process C. the ILO sets standards on health and safety in the workplace and maternity protection D. a principle of the ILO...
Nicolas believes that an advantage of doing this is that it will drive innovation. Is he correct?
Nicolas is the Head of Procurement at Penny Dolittle Manufacturing Company. He is introducing a sustainability agenda to the company's procurement strategy. Nicolas believes that an advantage of doing this is that it will drive innovation. Is he correct?A . yes - reporting on sustainability can drive change and innovation...
Which organisation is responsible for the creation of the 2030 Sustainable Development Agenda?
Which organisation is responsible for the creation of the 2030 Sustainable Development Agenda?A . UN B. NATO C. ISO D. ILOView AnswerAnswer: A Explanation: This is the UN. There are 17 sustainability goals and these are listed on p.3. For the exam it's a good idea to familiarise yourself with...
What does this allow workers to do?
Freedom of association is a protected right under the ILO convention. What does this allow workers to do?A . have a second job B. have work-life balance C. join a union D. avoid slaveryView AnswerAnswer: C Explanation: Freedom of Association is the right to join a union or workers group....
Which of the following is a disadvantage to the ISO14001 standard?
Which of the following is a disadvantage to the ISO14001 standard?A . it is different across different industries B. environmental targets are not set by ISO C. organisations are mandated to have an Environmental Policy D. All companies use this for is greenwashingView AnswerAnswer: B Explanation: The correct answer is...
