wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

Business activity: Vocabs

Total questions: 23

Worksheet time: 11mins

Name
Class
Date
1.
Worker motivation can be defined as
a)
employees working hard because they fear losing their jobs
b)
workers working hard to do their best for the business
c)
employees travelling a long way to get to work
d)
workers work hard just when their manager is watching
2.
People work hard for all of the following reasons except
a)
earning money.
b)
having social contact
c)
gaining recognition
d)
watching TV
3.
Job satisfaction can be defined as:
a)
being happy when work is finished
b)
being happy when more jobs come in
c)
being happy when an unemployed person finds a job
d)
being happy at work because of the type of job being done
4.
The best definition of wages calculated by time rate is:
a)
the hours worked multiplied by the hourly rate of pay
b)
multiplying the amount produced by a rate per unit of output
c)
 a salary paid each month
d)
wages added to the fringe benefits
5.

What was the topic of our lesson today?

a)

Motivation

b)

Motivating and Rewarding Employees

c)

Managers and Employess Motivation

d)

Motivating and Rewarding Managers

6.
Which of the following is a basic need?
a)
love
b)
belonging
c)
shelter
d)
safety
7.
Motivating staff by giving them additional challenging tasks or responsibility is known as
a)
Job rotation
b)
Delegation
c)
Job enrichment
d)
Job enlargement     
8.
Employer give a wider range of similar tasks for the employee to do. This is an example of...
a)
Job rotation
b)
Job enlargement
c)
Job enrichment
9.
An important characteristic of a successful entrepreneur is that:
a)
they are always rich
b)
they are risk takers
c)
they are usually shy
d)
they want to avoid hard work
10.
What benefit does drawing up a business plan bring for a new entrepreneur?
a)
it shows exactly how much money the firm will make
b)
it makes sure the bank will lend all the capital needed
c)
it means that the business start up has no risk of failure
d)
it helps in organising the resources needed for the new firm
11.
If the risks of starting up a business are so high, why do entrepreneurs create new businesses?
a)
The rewards are always extremely low
b)
The rewards can be very high
c)
The risks of the business failing are very low
12.

which business document contains the business objectives and important details about the operations, finance and owners of a business

a)

bank account

b)

log book

c)

business plan

d)

requisition form

13.

hard working, creative, optimistic, innovative are ......?

a)

characteristics of successful enterprises

b)

characteristics of successful entrepreneurs

c)

characteristics of unsuccessful enterprises

d)

characteristics of unsuccessful entrepreneurs

14.

high risk, opportunity cost, lack of business experience are.....

a)

characteristics of unsuccessful entrepreneurs

b)

disadvantages of enterprise

c)

disadvantages of being an entrepreneur

d)

characteristics of enterprises

15.

when the owners of two businesses agree to join their businesses together to make one business, this is.....

a)

a takeover

b)

a merger

c)

internal growth

d)

acquisition

16.

Which of these industries does NOT belong to the tertiary sector?

a)

aircraft

b)

banking

c)

catering

d)

insurance

17.

Another name for 'Land, Labour, Capital & Enterprise'

a)

The economic problem

b)

Specialisation

c)

Factors of production

d)

Mixed economy

18.

What is an 'entrepreneur'?

a)

A person in charge of the business strategy.

b)

A person who lends the funds to set up a new business venture.

c)

A person who organises, operates and takes the risk of a new business venture.

d)

A group of people in charge of creating the business plan of a new venture.

19.

The process of transferring ownership of a business from the public sector (government) to the private sector.

a)

Planned/Command economy

b)

Nationalisation

c)

Privatisation

d)

De-industrialisation

20.
This type of business is owned by one person.
a)
Partnership
b)
Sole Proprietorship
c)
Corporation
d)
Franchise
21.
Disadvantages for this type of business include: owner pays for everything, hard to get money to start from the bank, owner might lack skills & unlimited liability.
a)
Sole Proprietorship
b)
Partnership
c)
Corporation
d)
Franchise
22.
What is a business owned and operated by two or more people?
a)
Sole Proprietorship
b)
Partnership
c)
Corporation
23.
Advantages include limited liability for owners, unlimited life, and ease of transfer of ownership. 
a)
Sole Propriotorship
b)
Partnership
c)
Corporation

Similar Resources on Wayground

Digital Media - Animate Introduction

20 questions

Digital Media - Animate Introduction

quiz

Worksheet

•

9th - 12th Grade

Key terms in Business grade 9

20 questions

Key terms in Business grade 9

quiz

Worksheet

•

9th Grade

Business Ownership

20 questions

Business Ownership

quiz

Worksheet

•

1st - 12th Grade

BE Lesson 2.05

20 questions

BE Lesson 2.05

quiz

Worksheet

•

9th - 12th Grade

La empresa

18 questions

La empresa

quiz

Worksheet

•

6th - 8th Grade

FIRST STEP

20 questions

FIRST STEP

quiz

Worksheet

•

1st Grade - Professio...

Marketing & Advertising Assessment 1

21 questions

Marketing & Advertising Assessment 1

quiz

Worksheet

•

9th - 12th Grade

Account class

20 questions

Account class

quiz

Worksheet

•

8th Grade