Business Studies Spring Term

the human resources ( HR) is responsible for..

• planning for a business future need for labour

• the right workers in the right numbers, in the right places and the right time

• A & B

• the salary of the fabric foreman

The value of our currency in terms of foreign currency, is known as a..

• exchange rate

• interest rate

• inflation rate

• tax rate

Corporate government is mostly concerned with:

• The well-being of the directors of a company

• The different laws affecting the company

• The trading of shares

• The company's accountability to shareholders, the community and the environment

REMEMBER: Select the best definition for stress

• The older you become the more stress you will have

• Nutritive that the body produces in certain situation

• Stress is your body's way of responding to any demand

the .....is a legal documents between the employee and the employer

• letter of appointment

• letter of acceptance

• employment contract

• appoint contract

the... is calculated by subtracting the cost price from the selling price.

• Total production cost

• cost per unit

• profit

• break-even-point

What do you think will happen if the owner of a sole trader dies? (UND)

• The business will continue.

• The business will then dissolve.

• Family member can take over & run the business.

• The business can lose customers.

A trade mark is...

• slogan

• logo

• brand name

• All of the above

A business can

have full control over.

• Inflation

• The vision

• Customers

• Economy

A business‟code of conduct is ...

.

• the process that must be followed when an employee is

  disciplined

• a

  list of ethical issues that staff must study.

• set of requirements for employees so they know what their duties

  are.

• a set of rules outlining the level of performance required of a person or organisation