Year 10 Business Studies End of Year Quiz

A motivated employee is one that:

• Is paid a high salary
• Wants to perform as well as possible at work
• Is never absent from work
• Is given a discount on any business purchases

A benefit of having a high staff retention rate in a business is:

• A large number of new employees need to be employed by the firm
• Costs of recruitment and selection will fall
• The business will undertake large amounts of induction training
• Lots of new skills and experience will be brought into the workplace

Which of the following is a financial method of motivation that a business could use to motivate its staff?

• Profit sharing
• Free uniform
• Staff discount
• Company car

The payment method whereby employees receive an annual amount, paid in 12 monthly instalments, regardless of hours worked is called:

• Commission
• Piece rate
• A wage
• A salary

Which of the following is a well-known employee owned British business that refers to its staff members as “partners” and rewards them using profit sharing?

• Sports Direct
• Ikea
• John Lewis
• Ryanair

Which of the following job roles is most likely to be paid by commission?

• A director
• A cleaner
• A production line worker
• A sales representative

“Extras” that are given to employees on top of their monetary pay are called:

• Piece rate
• Fringe benefits
• A wage
• A salary

Which of the following is an example of a non-financial method of motivation?

• Profit sharing
• Commission
• Performance related pay
• Training

When a business fills a job vacancy with a member of its current workforce it is called:

• External recruitment
• Internal recruitment
• Recruitment and selection
• Labour retention

Which of the following is a drawback to a firm of using internal recruitment to fill a job vacancy?

• It is expensive
• Limited new ideas are introduced to the firm
• Personalities of potential applicants are known
• Gives existing employees a chance to be promoted