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Thomas is the secretary to the management board of a large oil company. He is preparing the papers and chasing up the actions from the last board meeting. Board meetings take place quarterly and always include the collation of monthly sales performance figures, an overview of operating costs and a review of market conditions.
As Thomas is pulling the sales figures together, he receives a phone call from the finance director who tells him that recent government changes to the export tax rate will mean that operating costs will need to be amended before they are presented to the board
Which type(s) of business event is/are NOT present in this scenario?
Suggested Answer: C
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39 comments · newest first
EL
Eladia
11 months ago
I thought time-based events were a given in quarterly meetings!
MY
Myra
11 months ago
Seems like all events are accounted for, nothing missing here.
HA
Harrison
12 months ago
Wait, are we sure there are no time-based events?
MA
Mauricio
12 months ago
Totally agree, the government change is definitely external.
TH
Thurman
1 year ago
This scenario involves internal and external events.
CH
Chun
1 year ago
I feel like both internal and external events are present here, but I think the question is asking for what is NOT present. Maybe it’s just the time-based events?
BU
Bulah
1 year ago
I’m a bit confused about the time-based aspect. Are we supposed to consider the quarterly meetings as time-based events?
DO
Dorothy
1 year ago
I remember a practice question that discussed internal vs. external events, and I think the government tax change is definitely an external factor.
SH
Shala
1 year ago
I think this scenario mostly involves internal events since Thomas is working within the company, but I'm not sure about the external factors.
DE
Dean
1 year ago
This question is testing our understanding of the different categories of business events. I'll make sure to carefully consider each event described in the scenario and eliminate the options that don't match.
RO
Roslyn
1 year ago
Okay, let's see. The scenario mentions monthly sales performance, operating costs, and market conditions - those sound like internal and time-based events. The change in export tax rate seems like an external event. I think I've got a handle on this one.
LE
Lenora
1 year ago
Hmm, I'm a bit confused by this one. The scenario covers a lot of different business activities, so I'll need to really analyze each part to determine which types of events are not present.
CA
Carin
1 year ago
This seems like a straightforward question about identifying the types of business events in the scenario. I'll carefully read through the details and think about which events are internal, external, and time-based.
VI
Viola
1 year ago
Hmm, this is a tricky one. I'll need to carefully consider the different exposure options and how they might impact the file path access.
TY
Ty
1 year ago
I'm pretty confident that D is the correct answer. Randomizing the execution schedule is the only option that matches the description in the question.
CA
Carmen
2 years ago
I'm with Lavonna on this one. The scenario has both internal (board meetings) and external (government policy) events happening.
FR
Francoise
1 year ago
So, the types of business events not present are internal and external.
CH
Chaya
1 year ago
C) Time-based.
DO
Dottie
1 year ago
I agree, the scenario doesn't mention any time-based events.
SH
Sherman
1 year ago
I think the correct answer is C) Time-based.
CA
Carlee
1 year ago
B) External
GL
Glory
1 year ago
A) Internal
VE
Vernell
2 years ago
Haha, the finance director must have really shaken things up with that last-minute change. I'd say the answer is B) External.
CE
Cecil
2 years ago
This is a tricky one. I'm going to say C) Time-based, since the board meetings happen on a quarterly basis.
BR
Brett
1 year ago
That's a good point, it could be a combination of all three types of business events in this scenario.
CH
Chau
1 year ago
But the board meetings being quarterly make it time-based as well, so maybe C) Time-based is also a valid option.
TH
Theodora
2 years ago
I agree, it could be both internal and external events affecting the business.
HE
Hester
2 years ago
I think it's D) Internal and external, because the changes in export tax rate are external to the company.
LA
Lavonna
2 years ago
I'll go with D) Internal and external. The board meetings and sales performance review are internal events, while the change in government policy is an external event.
RY
Ryann
1 year ago
It's important to consider both internal and external factors when preparing for board meetings.
DY
Dyan
1 year ago
I agree with you, D) Internal and external events are not present in this scenario.
KI
Kiera
2 years ago
I think the answer is B) External. The change in export tax rate is an external factor that affects the company's operations.
KA
Kattie
1 year ago
D) Internal and external
NG
Ngoc
1 year ago
C) Time-based.
AL
Alaine
2 years ago
B) External
JA
Jackie
2 years ago
A) Internal
GL
Glen
2 years ago
I think it could also be D) Internal and external, as the government changes are external.
VA
Val
2 years ago
I agree with Matt, the scenario doesn't mention any external factors.
MA
Matt
2 years ago
I think the answer is C) Time-based.