Business Foundations Revision

Business Foundations Revision

12th Grade

28 Qs

quiz-placeholder

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Business Foundations Revision

Business Foundations Revision

Assessment

Quiz

Business

12th Grade

Practice Problem

Easy

Created by

Chris Letti

Used 9+ times

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28 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

Give at least 3 types of businesses (business models)?

Evaluate responses using AI:

OFF

Answer explanation

They are:

- sole trader

- partnership

- private company

- public company

-social enterprise

- government business enterprise.

2.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Which ones below are Business Objectives?

Make a profit

Fulfil a Social or Market Need

Improve Efficiency & and Effectiveness

Increase Market Share

Meet Shareholder Expectations

3.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Which ones of these are Shareholders in a business?

Customers

Owners

Sponsors

Managers

4.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Which one of these are Shareholders of a business?

Employees

Distributors

Suppliers

General Community

Shareholders

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the 5 management STYLES?

Evaluate responses using AI:

OFF

Answer explanation

1. Autocratic

2. Persuasive

3. Consultative

4. Participative

5. Laissez-faire.

6.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

What are the features of an AUTOCRATIC Management Style?

An autocratic manager makes all decisions.

Invites no employee input.

They motivate through rewards.

7.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

What are some (dis) and advantages of an AUTOCRATIC Manager?

AD: Problems are dealt with quickly.

DIS: No employee input

AD: Zero potential for conflict

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