business quiz

BUSINESS QUIZLim Sei Kee @ cK

SECTION AFILL IN THE BLANKS

Q: WHAT M IS A PLACE WHERE BUYERS AND SELLERS MEET?

M _ _ _ _ _

Q: WHAT S IS PROVIDED BY BUSINESSES AND IS INTANGIBLE?

S _ _ _ _ _ _

Q: WHAT T IS THE SECTOR OF INDUSTRY DEALING WITH SELLING OR PROVIDING SERVICES?

T _ _ _ _ _ _ _

Q: WHAT P IS A TANGIBLE GOOD SOLD BY A BUSINESS?

P _ _ _ _ _ _

Q: WHAT L REFERS TO THE WORKERS OR HUMAN RESOURCES OF A BUSINESS?

L _ _ _ _ _

Q: WHAT R COULD INCLUDE WOOD FOR MAKING FURNITURE OR STEEL FOR MAKING MACHINERY?

R _ _ _ _ _ _ _ _ _ _ _

Q: WHAT E IS A FACTOR OF PRODUCTION THAT INCLUDES THE IDEAS AND DRIVE BEHIND THE BUSINESS?

E _ _ _ _ _ _ _ _ _

Q: WHAT B IS AN ORGANIZATION THAT PRODUCES GOODS AND SERVICES?

B _ _ _ _ _ _ _

SECTION B Multiple Choice Questions

1. Money that is received for work or services is called ___________.

A) ProfitB) IncomeC) Expense

2. A person who hires someone else is an _________.

A) EmployeeB) Employer

3. What is the objective of a business?

ATo make a profit BTo beat the competition CTo provide work for people

4. How is a supplier important to your business?

A) A supplier provides little value to the company

B) Suppliers buy many of our goods C) You cannot produce goods or services

without supplied material

5. One of the following is an Enterprise Skill in Business

A CyclingB LeadershipC Sewing

6. One of the following is a Management Activity

A PlanningB MotivatingC Communicating

7. One of the following is a Management Skill

A OrganisingB MotivatingC Controlling

8. HRM stands for

A Honorary Regional ManagerB Hands on ManufacturingC Human Resource Manager

9. Strategic Planning in Business means

A Long Term PlansB Short Terms PlansC Planning your timetable

10. Maslow’s Hierarchy of Needs include

A Managers believe that employees are lazyB Managers believe that workers must be closely supervisedC Physiological Needs

11. A Chairperson ensures that

A Minutes are recorded at meetingsB Ensures that Subscriptions are collected from members of a clubC Ensures that all agenda items are discussed

12. Who is your lecturer?A cKB LVC GucciD BurberryE Hermes

END OF QUIZ

Q: WHAT M IS A PLACE WHERE BUYERS AND SELLERS MEET?

M A R K E T

Q: WHAT S IS PROVIDED BY BUSINESSES AND IS INTANGIBLE?

S E R V I C E

Q: WHAT T IS THE SECTOR OF INDUSTRY DEALING WITH SELLING OR PROVIDING SERVICES?

T E R T I A R Y

Q: WHAT P IS A TANGIBLE GOOD SOLD BY A BUSINESS?

P R O D U C T

Q: WHAT L REFERS TO THE WORKERS OR HUMAN RESOURCES OF A BUSINESS?

L A B O U R

Q: WHAT R COULD INCLUDE WOOD FOR MAKING FURNITURE OR STEEL FOR MAKING MACHINERY?

R A W M A T E R I A L S

Q: WHAT E IS A FACTOR OF PRODUCTION THAT INCLUDES THE IDEAS AND DRIVE BEHIND THE BUSINESS?

E N T E R P R I S E

Q: WHAT B IS AN ORGANIZATION THAT PRODUCES GOODS AND SERVICES?

B U S I N E S S