Year 12 Business HR and Financing Strategies Quiz

Which of the following is NOT a common method of employee motivation?

• Financial incentives

• Punishments

• Recognition programs

• Professional development opportunities

What is the first stage of the employment cycle?

• Separation

• Acquisition

• Maintenance

• Development

Which motivation theory focuses on the hierarchy of needs?

• Maslow's Hierarchy of Needs

• Herzberg's Two-Factor Theory

• Vroom's Expectancy Theory

• McGregor's Theory X and Theory Y

Why is diversity important in a workplace?

• It ensures compliance with the law.

• It increases team conflict.

• It enhances creativity and innovation.

• It simplifies decision-making processes.

Which leadership style involves the leader making all the decisions without input from team members?

• Democratic

• Transactional

• Authoritative

• Bureaucratic

What is the primary goal of financing in a business?

• To reduce employee turnover

• To ensure legal compliance

• To acquire necessary funds for operations and growth

• To minimize operational costs

What is private equity?

• Funds directly invested into the public stock market

• Government grants for small businesses

• funds invested into private businesses not listed on a public exchange

• Loans provided by commercial banks

What does the triple bottom line refer to?

• Profit, Loss, and Equity

• People, Planet, and Profit

• Product, Price, and Place

• Performance, Productivity, and Profitability

What is the main purpose of conducting a cost-benefit analysis?

• To determine the financial viability of a new hire

• To assess the environmental impact of a project

• To evaluate the financial implications of a decision by comparing its costs and benefits

• To calculate the total compensation package for employees

Which theory suggests that the presence of hygiene factors can prevent dissatisfaction but not necessarily promote satisfaction?

• Maslow's Hierarchy of Needs

• Herzberg's Two-Factor Theory

• Vroom's Expectancy Theory

• McGregor's Theory X and Theory Y