11BST - 2017 Exam M. Choice

Childcare facilities and house cleaning are best classified as which type of industry?

• Primary

• Secondary

• Quaternary

• Quinary

Which of the following is an entitlement for a casual employee?

• Regular working hours

• Sick leave and maternity leave

• Holiday leave and long service leave

• Fair pay and safe working conditions

Which of the following is an example of an internal source of finance for a business?

• Overdraft

• Mortgage

• Sale of an asset

• Leasing

Which level of government regulates building regulations, trading hours and land zoning?

• Local

• State

• Federal

• International

Which type of income is paid to the shareholders of a business?

• Dividends

• Interest

• Profits

• Wages

Which business legal structure is listed on the Australian Securities Exchange?

• Private company

• Public company

• Unincorporated company

• Government owned business

Steve won a large amount of money playing Lotto. The local newspaper printed an unpaid story about Steve and the shop where he bought the winning ticket. This is an example of which type of marketing for the shop?

• Advertising

• Publicity

• Word of mouth

• Sales promotion

A small business owner has no staff and is legally liable for all debts. Which of the following best describes this business structure?

• Partnership

• Private company

• Public company

• Sole trader

Tax paid by an individual employee is referred to as?

• Pay as you go tax

• Payroll tax

• Company tax

• Capital gains tax

Which management approach utilises an autocratic leadership style and hierarchical organisational structure?

• Behavioural management approach

• Classical management approach

• Contingency management approach

• Political management approach