SS3 Commerce - Quiz
  • 1. Business management involves __________.
A) Planning, organizing, directing, and controlling
B) Making only profits
C) Hiring workers only
D) Only selling goods
  • 2. The main goal of business management is to __________.
A) Maximize profits and achieve objectives
B) Produce only goods
C) Reduce staff
D) Avoid paying taxes
  • 3. A person responsible for controlling business activities is called a __________.
A) Supplier
B) Manager
C) Customer
D) Worker
  • 4. Planning in business management involves __________.
A) Paying salaries
B) Selling products
C) Buying machinery
D) Predicting the future and setting objectives
  • 5. Controlling in management refers to __________.
A) Monitoring performance and taking corrective actions
B) Hiring staff
C) Selling goods
D) Advertising
  • 6. Organizing in management means __________.
A) Supervising workers only
B) Writing invoices
C) Buying raw materials
D) Arranging resources to achieve objectives
  • 7. Directing in business involves __________.
A) Selling goods
B) Preparing documents
C) Advertising only
D) Giving instructions and motivating staff
  • 8. Which of these is NOT a typical business department?
A) Marketing
B) Production
C) Tourism
D) Accounting
  • 9. The department responsible for keeping financial records is the __________ department.
A) Accounts
B) Marketing
C) Production
D) Human resources
  • 10. Human Resource department deals with __________.
A) Selling products
B) Buying raw materials
C) Hiring, training, and welfare of employees
D) Warehousing
  • 11. A business is socially responsible when it __________.
A) Exploits workers
B) Avoids taxes
C) Maximizes profit only
D) Provides safe products and supports the community
  • 12. Which of the following is a social responsibility of a business?
A) Paying low salaries
B) Environmental protection
C) Exploiting resources
D) Selling poor-quality goods
  • 13. The hierarchy of authority in a business is called __________.
A) Organization structure
B) Profit chart
C) Marketing plan
D) Sales strategy
  • 14. A diagram showing relationships among employees is called an __________.
A) Budget
B) Business plan
C) Invoice
D) Organization chart
  • 15. A tall organization has __________.
A) Many levels of management
B) No manager
C) Few levels of management
  • 16. A flat organization is characterized by __________.
A) Narrow span of control
B) No hierarchy
C) Many levels of management
D) Few levels of management and wide span of control
  • 17. Span of control refers to __________.
A) Number of departments in a business
B) Total profit of a company
C) Business capital
D) Number of subordinates a manager can supervise effectively
  • 18. A wide span of control means __________.
A) One manager supervises many employees
B) One manager supervises few employees
C) No managers
D) Many managers supervise few employees
  • 19. A narrow span of control is suitable for __________.
A) Retail trade
B) Complex tasks requiring close supervision
C) Simple tasks
D) Small businesses only
  • 20. Delegation of authority means __________.
A) Paying staff
B) Selling goods
C) Assigning responsibility to subordinates
D) Hiring employees
  • 21. Authority flows __________ in a business organization.
A) Randomly
B) From top to bottom
C) From bottom to top
D) Horizontally only
  • 22. Nationalization is the process by which __________.
A) Employees control a company
B) Government sells businesses to private owners
C) Businesses merge voluntarily
D) Private business is taken over by the government
  • 23. An advantage of nationalization is __________.
A) Businesses reduce production
B) Profit only
C) High competition
D) Government controls essential services
  • 24. A disadvantage of nationalization is __________.
A) Wide coverage of services
B) High profit
C) Employee training
D) Bureaucracy and inefficiency
  • 25. Nationalization is common in __________.
A) Public utilities and essential industries
B) Private companies
C) Small-scale business
D) Retail trade
  • 26. Social responsibilities of a business include __________.
A) Ignoring safety standards
B) No idea
C) Avoiding legal obligations
D) Paying taxes and supporting community programs
  • 27. The department responsible for promoting and selling goods is the __________.
A) Human resource department
B) Production department
C) Finance department
D) Marketing department
  • 28. Delegation helps managers to __________.
A) Control sales only
B) Avoid responsibility
C) Fire employees
D) Reduce workload and improve efficiency
  • 29. The main objective of business management is __________.
A) Paying taxes only
B) Employing more people
C) Selling goods at high price
D) Achieving organizational goals efficiently and effectively
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