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SS3 Commerce
Contributed by: Obalanlege
  • 1. Business management involves __________.
A) Only selling goods
B) Making only profits
C) Planning, organizing, directing, and controlling
D) Hiring workers only
  • 2. The main goal of business management is to __________.
A) Avoid paying taxes
B) Produce only goods
C) Maximize profits and achieve objectives
D) Reduce staff
  • 3. A person responsible for controlling business activities is called a __________.
A) Supplier
B) Customer
C) Worker
D) Manager
  • 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) Hiring staff
B) Monitoring performance and taking corrective actions
C) Advertising
D) Selling goods
  • 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) Giving instructions and motivating staff
B) Preparing documents
C) Advertising only
D) Selling goods
  • 8. Which of these is NOT a typical business department?
A) Tourism
B) Production
C) Accounting
D) Marketing
  • 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) Selling products
C) Buying raw materials
D) Hiring, training, and welfare of employees
  • 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) 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) Marketing plan
B) Sales strategy
C) Profit chart
D) Organization structure
  • 14. A diagram showing relationships among employees is called an __________.
A) Invoice
B) Organization chart
C) Budget
D) Business plan
  • 15. A tall organization has __________.
A) Few levels of management
B) No manager
C) Many levels of management
  • 16. A flat organization is characterized by __________.
A) Few levels of management and wide span of control
B) No hierarchy
C) Narrow span of control
D) Many levels of management
  • 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) No managers
B) One manager supervises few employees
C) Many managers supervise few employees
D) One manager supervises many 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) Assigning responsibility to subordinates
B) Hiring employees
C) Selling goods
D) Paying staff
  • 21. Authority flows __________ in a business organization.
A) From top to bottom
B) From bottom to top
C) Randomly
D) Horizontally only
  • 22. Nationalization is the process by which __________.
A) Businesses merge voluntarily
B) Government sells businesses to private owners
C) Private business is taken over by the government
D) Employees control a company
  • 23. An advantage of nationalization is __________.
A) Profit only
B) Government controls essential services
C) High competition
D) Businesses reduce production
  • 24. A disadvantage of nationalization is __________.
A) Employee training
B) Bureaucracy and inefficiency
C) High profit
D) Wide coverage of services
  • 25. Nationalization is common in __________.
A) Public utilities and essential industries
B) Retail trade
C) Private companies
D) Small-scale business
  • 26. Social responsibilities of a business include __________.
A) No idea
B) Paying taxes and supporting community programs
C) Ignoring safety standards
D) Avoiding legal obligations
  • 27. The department responsible for promoting and selling goods is the __________.
A) Production department
B) Finance department
C) Marketing department
D) Human resource department
  • 28. Delegation helps managers to __________.
A) Control sales only
B) Fire employees
C) Avoid responsibility
D) Reduce workload and improve efficiency
  • 29. The main objective of business management is __________.
A) Employing more people
B) Selling goods at high price
C) Paying taxes only
D) Achieving organizational goals efficiently and effectively
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