Indicate whether the organisations listed below are a financial enterprise or a social enterprise by placing a tick (✓) in the correct:
| | Financial | Social |
|----------------|-----------|--------|
| Intel Ireland | | |
| Focus Ireland | | |
| Bank of Ireland | | | - Junior Cycle Business Studies - Question 7 - 2019
Question 7
Indicate whether the organisations listed below are a financial enterprise or a social enterprise by placing a tick (✓) in the correct:
| | Financial... show full transcript
Worked Solution & Example Answer:Indicate whether the organisations listed below are a financial enterprise or a social enterprise by placing a tick (✓) in the correct:
| | Financial | Social |
|----------------|-----------|--------|
| Intel Ireland | | |
| Focus Ireland | | |
| Bank of Ireland | | | - Junior Cycle Business Studies - Question 7 - 2019
Step 1
Intel Ireland
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Intel Ireland is categorized as a Financial enterprise because it operates predominantly in the tech industry, dealing with the creation and provision of technology products and services.
Step 2
Focus Ireland
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Focus Ireland is classified as a Social enterprise as it focuses on alleviating the issues related to homelessness and providing support services to those in need.
Step 3
Bank of Ireland
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The Bank of Ireland is considered a Financial enterprise given its primary function as a banking institution offering financial services and products.
Join the Junior Cycle students using SimpleStudy...
