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S2 Business Management

Total questions: 18

Worksheet time: 17mins

Name
Class
Date
1.

Which of these explains a want, not a need?

a)

Shelter: If you don't have this you could possibly die in cold weather

b)

Chocolate: People like to eat this as a sweet treat, some may think it's delicious.

c)

Protein: This is important for having good health. It provides valuable nutrients.

d)

Clothes: You wear these to stay warm and out of jail.

2.

The definition of a need is: Something that is essential for life and ________ to __________.

a)

necessary, survive

b)

essential, life

c)

necessary, essential

d)

essential, survive

3.

A want is: Something that makes life more happy and _________ but not _________ to survive.

a)

necessary, comfortable

b)

essential, necessary

c)

happy, comfortable

d)

comfortable, necessary

4.

Which is a want?

a)

A place to live (shelter)

b)

Oxygen

c)

Car

d)

Food

5.

A want is something we would like to have but could easily live without it.

a)

True

b)

False

6.

What are the benefits of a company being known as ethical?

a)

Stand out from the competition

b)

Good reputation

c)

More money/profit gained

d)

All of these

7.

What are ethics?

a)

An ethnic minority

b)

A person who's a bit daft

c)

Morally correct behaviour

d)

Making lots of money out of customers, bleeding them dry!

8.
Treating your employer, coworkers, customers fairly, openly and with honesty would be considered _________
a)
Ethical
b)
Unethical
9.

To bring goods and services into a country from another country is called __________.

a)

import

b)

export

c)

trade

d)

influence

10.

Which term refers to Countries that rely on each other to trade goods and services?

a)

Unrelated

b)

Interdependence

c)

Conrasting

d)

Independent

11.

Which of the following are advantages of global trading?

a)

Cheaper prices for customers

b)

More variety for customers

c)

Poor conditions of employment

d)

Increased Carbon footprint

12.

Which of the following makes a good business?

a)

Paying employees well

b)

Recycling

c)

Using cheap, poor quality products

d)

Treating staff well

13.

In the banana supply chain, who gets the least profit?

a)

Retailer

b)

Plantation land owner

c)

Worker

d)

Ripener

14.

The correct order of the banana supply chain is...

a)

3,4,6,1,2,5

b)

3,4,2,5,6,1

c)

2,3,5,1,4,6

d)

3,5,4,2,6,1

15.

Which of the following are unethical practices?

a)

Ignoring health, safety and environmental standards.

b)

Violating the basic rights of workers.

c)

Slavery.

d)

Looking after the environment.

16.
In the long run, ethical integrity will keep customers coming back to a business.
a)
True
b)
False
17.

A company is behaving …….…….. if it pollutes the environment.

a)

ethically

b)

unethically

c)

ethnically

18.

Both the buyer and the seller gain a benefit from the trade .

a)

fair trade

b)

unfair trading