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