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Business Studies Quiz

Authored by thivveish naidu

Business

11th Grade

Used 1+ times

Business Studies Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two types of External Growth for a business?

Horizontal Integration and Internal Growth

Vertical Integration and Conglomerate Merger

Horizontal Integration and Vertical Integration

Horizontal Integration and Conglomerate Merger

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main aim of the private sector businesses?

To reduce unemployment

To make profits

To increase competition

To provide public services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Maslow's Hierarchy of Needs, which need is fulfilled by having job security?

Physiological Needs

Safety/Security Needs

Social Needs

Esteem Needs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main function of managers in an organization?

Coordinating between departments

Delegating tasks

All of the above

Planning

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of a trade union?

To improve conditions of employment

To increase competition

To sell shares to the public

To provide financial advice

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of identifying that a business needs to employ someone called?

Job description

Recruitment

Job analysis

Job specification

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main advantage of internal recruitment?

Motivates other employees

Cheaper

Potential of the employee is already known

All of the above

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