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