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