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Business Studies Glossary

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Putting a plan to action

a)

Archiving

b)

Adaptability

c)

Compensation

d)

Activating

2.

Showing a lack of concern for the wishes of opinions of others

a)

authoritarian

b)

autocratic

c)

democraticl

d)

laissez faire

3.

Government owned businesses

a)

Parastatals

b)

SOEs

c)

Public companies

d)

Partnerships

4.

Method used to evaluate the effect of the different aspects of the macro environment on business.

a)

Porters

b)

PESTLE

c)

SMART

d)

Objectives

5.

Money provided by a funder without charging interest

a)

Debt financing

b)

Equity

c)

Shares

d)

Entrepreneurship

6.

The desire to promote the welfare of others

a)

CSR

b)

CSI

c)

Philanthropy

d)

Justice

7.

Receives rent as remuneration

a)

Estate agents

b)

Stock brokers

c)

Land

d)

Natural Resources

8.

Personal responsibility for all of the business incurred debts

a)

Unlimited liability

b)

Limited Liability

c)

Capital

d)

Loss

9.

Short-term needs that can vary according to the productivity and output, for instance, wages.

a)

Working capital

b)

Operating capital

c)

Short-term debt

d)

Borrowings

10.

Legal protection of original literary works.

a)

Copyright

b)

Patent

c)

Trademark

d)

None of the above