SS3 Commerce
  • 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) Reduce staff
B) Maximize profits and achieve objectives
C) Avoid paying taxes
D) Produce only goods
  • 3. A person responsible for controlling business activities is called a __________.
A) Worker
B) Supplier
C) Customer
D) Manager
  • 4. Planning in business management involves __________.
A) Predicting the future and setting objectives
B) Buying machinery
C) Selling products
D) Paying salaries
  • 5. Controlling in management refers to __________.
A) Selling goods
B) Hiring staff
C) Advertising
D) Monitoring performance and taking corrective actions
  • 6. Organizing in management means __________.
A) Supervising workers only
B) Buying raw materials
C) Writing invoices
D) Arranging resources to achieve objectives
  • 7. Directing in business involves __________.
A) Advertising only
B) Giving instructions and motivating staff
C) Selling goods
D) Preparing documents
  • 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) Human resources
C) Marketing
D) Accounts
  • 10. Human Resource department deals with __________.
A) Hiring, training, and welfare of employees
B) Selling products
C) Warehousing
D) Buying raw materials
  • 11. A business is socially responsible when it __________.
A) Avoids taxes
B) Exploits workers
C) Provides safe products and supports the community
D) Maximizes profit only
  • 12. Which of the following is a social responsibility of a business?
A) Exploiting resources
B) Environmental protection
C) Selling poor-quality goods
D) Paying low salaries
  • 13. The hierarchy of authority in a business is called __________.
A) Sales strategy
B) Profit chart
C) Organization structure
D) Marketing plan
  • 14. A diagram showing relationships among employees is called an __________.
A) Budget
B) Invoice
C) Organization chart
D) Business plan
  • 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) No hierarchy
B) Few levels of management and wide span of control
C) Narrow span of control
D) Many levels of management
  • 17. Span of control refers to __________.
A) Total profit of a company
B) Number of subordinates a manager can supervise effectively
C) Business capital
D) Number of departments in a business
  • 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) Simple tasks
B) Small businesses only
C) Complex tasks requiring close supervision
D) Retail trade
  • 20. Delegation of authority means __________.
A) Paying staff
B) Selling goods
C) Hiring employees
D) Assigning responsibility to subordinates
  • 21. Authority flows __________ in a business organization.
A) From top to bottom
B) Horizontally only
C) Randomly
D) From bottom to top
  • 22. Nationalization is the process by which __________.
A) Private business is taken over by the government
B) Employees control a company
C) Businesses merge voluntarily
D) Government sells businesses to private owners
  • 23. An advantage of nationalization is __________.
A) High competition
B) Profit only
C) Government controls essential services
D) Businesses reduce production
  • 24. A disadvantage of nationalization is __________.
A) Wide coverage of services
B) Employee training
C) Bureaucracy and inefficiency
D) High profit
  • 25. Nationalization is common in __________.
A) Private companies
B) Retail trade
C) Public utilities and essential industries
D) Small-scale business
  • 26. Social responsibilities of a business include __________.
A) Avoiding legal obligations
B) Paying taxes and supporting community programs
C) No idea
D) Ignoring safety standards
  • 27. The department responsible for promoting and selling goods is the __________.
A) Production department
B) Human resource department
C) Marketing department
D) Finance department
  • 28. Delegation helps managers to __________.
A) Control sales only
B) Fire employees
C) Reduce workload and improve efficiency
D) Avoid responsibility
  • 29. The main objective of business management is __________.
A) Paying taxes only
B) Employing more people
C) Achieving organizational goals efficiently and effectively
D) Selling goods at high price
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