Level 3 Business Administration-
Latest Exam Fully Solved 2025-2026
Edition.
A formal summary of the organization’s identity and aim is known as a... - Answer Mission
statement
Which of the following is ALWAYS included in a business mission?
1. Long term planning
2. Secondary purpose
3. Short term targets
4. Primary purpose - Answer 4. Primary purpose
Why is it important to communicate aims and objectives in a business? - Answer To ensure
staff awareness
Which of the following factors is responsible for a weakening of currency?
1. Labour market
2. Financial market
3. Globalisation
4. Tourism - Answer 2. Financial market
Why would a highly skilled role remand a higher wage? - Answer The labour market for this
role is limited.
What is the potential impact of a delay in the supply chain? - Answer You may have to offer
compensation
Identify the external factor that may affect an organisation;
1. Staff shortage
2. Raw material supply
3. Procedural change
4. Production line change - Answer 2. Raw material supply
What effect would an increase in export duties have on an organisation? - Answer Fewer
products would be ordered
, What does the "L" in PESTLE stand for? - Answer Legal
The organisation you work for has been researching the introduction of finger print scanning.
What part of PESTLE does this relate to? - Answer Technological
If the aim of a project is to increase the new customer base by 6%, within budget before
September, which of the following indicates a successful project?:
1. On budget by August with 7% customer base increase
2. Under budget before June with 4% customer base increase
3. On budget by September with 5% customer base increase
4. Overspend before June with 6% customer base increase - Answer 1. On budget by August
with 7% customer base increase
Which of the following indicates a successful project has been completed?
1. all objectives have been met
2. all project aims and objectives have been met
3. most project aims and objectives have been met
4. some project aims and objectives have been met - Answer 2. All project aims and
objectives have been met
In project management, resources such as computers, projectors, tables and whiteboards are
examples of... - Answer Equipment
Project management requires a budget to be defined...
1. so it can be used
2. so that it is worked within
3. so it can be followed loosely
4. so that purchase orders are paid - Answer 2. So that it is worked within
A product breakdown structure is used in project management mainly for...
1. monitoring
2. reporting
3. planning
4. initiating - Answer 3. Planning
Latest Exam Fully Solved 2025-2026
Edition.
A formal summary of the organization’s identity and aim is known as a... - Answer Mission
statement
Which of the following is ALWAYS included in a business mission?
1. Long term planning
2. Secondary purpose
3. Short term targets
4. Primary purpose - Answer 4. Primary purpose
Why is it important to communicate aims and objectives in a business? - Answer To ensure
staff awareness
Which of the following factors is responsible for a weakening of currency?
1. Labour market
2. Financial market
3. Globalisation
4. Tourism - Answer 2. Financial market
Why would a highly skilled role remand a higher wage? - Answer The labour market for this
role is limited.
What is the potential impact of a delay in the supply chain? - Answer You may have to offer
compensation
Identify the external factor that may affect an organisation;
1. Staff shortage
2. Raw material supply
3. Procedural change
4. Production line change - Answer 2. Raw material supply
What effect would an increase in export duties have on an organisation? - Answer Fewer
products would be ordered
, What does the "L" in PESTLE stand for? - Answer Legal
The organisation you work for has been researching the introduction of finger print scanning.
What part of PESTLE does this relate to? - Answer Technological
If the aim of a project is to increase the new customer base by 6%, within budget before
September, which of the following indicates a successful project?:
1. On budget by August with 7% customer base increase
2. Under budget before June with 4% customer base increase
3. On budget by September with 5% customer base increase
4. Overspend before June with 6% customer base increase - Answer 1. On budget by August
with 7% customer base increase
Which of the following indicates a successful project has been completed?
1. all objectives have been met
2. all project aims and objectives have been met
3. most project aims and objectives have been met
4. some project aims and objectives have been met - Answer 2. All project aims and
objectives have been met
In project management, resources such as computers, projectors, tables and whiteboards are
examples of... - Answer Equipment
Project management requires a budget to be defined...
1. so it can be used
2. so that it is worked within
3. so it can be followed loosely
4. so that purchase orders are paid - Answer 2. So that it is worked within
A product breakdown structure is used in project management mainly for...
1. monitoring
2. reporting
3. planning
4. initiating - Answer 3. Planning
