Business Studies Quiz

Which of these is an example of an external stakeholder?

• CEO

• Shareholder

• Local community

• Employee

A company is deciding whether to invest in employee training or dividend payouts. The decision will most directly affect which two types of stakeholders?

• Employees and Shareholders

• Creditors and Suppliers

• Government and Society

• Managers and Customers

What is the primary goal of social advertising media?

• To increase sales

• To promote social causes

• To attract investors

• To gather customer feedback

An online store uses targeted email marketing for its products and offers loyalty discounts. Which activity is marketing and which is sales promotion?

• • A) Email marketing - Sales promotion; Loyalty discounts - Marketing

• • B) Email marketing - Marketing; Loyalty discounts - Sales promotion

• • C) Both are marketing

• • D) Both are sales promotion

What distinguishes a balance sheet from a profit and loss account?

• Time frame of reporting

• Types of financial information reported

• Legal requirements for preparation

• The intended audience of the report

Firm XYZ just sold a piece of equipment for more than its book value. How should this be recorded in the financial statements?

• • A) As capital receipt in the balance sheet

• • B) As revenue receipt in the profit and loss account

• • C) As deferred revenue expenditure

• • D) As a capital expenditure

What is the primary purpose of trade unions?

• To negotiate with employers on behalf of employees

• To recruit new employees

• To enforce government labor laws

• To manage employee benefits

Company ABC is facing high employee turnover. They are planning to introduce a new training program. What HR aspect does this address?

What is the primary benefit of using bonded warehousing?

• Faster transport of goods

• Reduced risk of theft

• Deferment of duty payments

• Improved inventory management

A company needs to transport heavy machinery across continents. Which mode of transportation is most suitable?

• Air

• Sea

• Road

• Rail