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