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Business Management 3.7-3.10

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which business entities are not incorporated?

a)

Partnership

b)

Sole Trader

c)

Private Company

d)

Public Company

2.

Business Model refers to:

a)

the way a business functions as a legal entity

b)

the way the business operates to generate a profit

c)

the way the business looks and feels

3.

Which of these is NOT a Business Model?

a)

Brick and Mortar

b)

Online business

c)

Influencers

d)

Franchise

e)

Import and Export

4.

Which is NOT a source of Business Support Services?

a)

Legal and financial advice

b)

Technological advice

c)

Community-based services

d)

Business mentors

e)

Online research

5.

Which is NOT a formal business support network?

a)

Chambers of commerce

b)

Victorian Chamber of Commerce and Industry

c)

Small Business Association

d)

University alumni associations

e)

Trade associations

6.

Which is NOT one of the major types of online business?

a)

Advertising based website

b)

Freemiums

c)

Brokerage

d)

Influencers

e)

Merchant

7.

Which is NOT a major business planning tool?

a)

Market research

b)

SWOT analysis

c)

Business plans

d)

Mortgage loan

8.

Internally, a business can be social responsible by carefully managing:

a)

environmental, customer and staff issues

b)

environmental, political and economic issues

c)

personal, environmental and information issues

d)

accounting, financial and employee issues

9.

To run a socially responsible business, staffing issues to manage does NOT include

a)

fair pay

b)

safe and healthy work conditions

c)

employing disadvantaged groups

d)

hiring family members

10.

To run a socially responsible business, customer issues to manage does NOT include

a)

quality of your product

b)

safety and reliability of your product

c)

ensuring fair and equitable treatment of customers

d)

the attractiveness of your employees

e)

ensuring you avoid misleading or deceptive behaviour