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Worksheetsbusiness quiz
Total questions: 62
Worksheet time: 31mins
what is business ?
It is a transaction
It is a profit
it is a organisation
it is a transaction of trade for profit making
A business that engages in finance, sales, or reselling is a __________ business
commercial
service
industrial
financial
In a franchise relationship, the entity who is the person leasing the rights of his/her tools of business is referred to as the __________?
franchisor
franchisee
franchizor
lessee
a bank is an example of what type of business?
commercial
service
industrial
real estate
A business agreement where the person who is buying into the business gets a vast array of tools but pays a fee to use them every year
franchise
royalty
parent company
sister company
In a franchise agreement the payment, every year, to utilize all the tools of the franchisor, is called ___________?
royalty
franchise
business agreement
license fees
A type of business that makes goods that other businesses use to make goods or services
(a)
A business that engages in finance, sales, or reselling is a __________ business
commercial
service
industrial
financial
a bank is an example of what type of business?
commercial
service
industrial
real estate
An organization that sells things for a profit is considered to be a __________?
business
scam
not for profit
corporation
A business that engages in finance, sales, or reselling is a __________ business
commercial
service
industrial
financial
Which from the following is NOT an example of intangible assets?
Buildings
Trademarks
Technical expertise
_________________ includes using television and radio advertising to reach large audiences.
Print media
Electronic media
Broadcast media
Which advertising medium combines sound, images, and motion?
radio
billboards
newspapers
television
Which is NOT a type of online advertising?
pop-up ads
webcasting
banner ads
virus protection
Which is the primary function of management?
Staffing
Planning
Coordination
Directing
Who is the father of Scientific Management?
F W Taylor
Peter f Drucker
Henry Fayol
Henry L Gantt
Which among the following comes under 14 Principles of Management by Henry Fayol?
Scalar chain
Order
Unity of command
Training and development
What are some of the National Employment Standards?
Do not provide appropriate sick leave
provide a safe work environment
pay appropriate sick leave
provide paid holiday leave
Complete required hours of work
Be honest and accurate with money
keep certain business information confidential
Do not provide appropriate holiday leave
What are some correct employee responsibilities?
Complete required hours of work
Be honest and accurate with money
Keep certain business information confidential
Give required notice before leave
The Household sector relates to ... ?
Government
Financial Institutions
Firms
Rest of the World
All of the above
What are the top 2 imports to Australia? (2020)
India, Africa
China, Japan
Japan, Korea
UK, USA
What does NES stand for?
Needs Equipment Safety
National Export Scheme
National Employment Standards
All of the above
What does HREOC stand for?
Happy Role Encouraging Other Countries
Human Rights and Economic Order Companies
Human Rights and Equal Opportunity Commission
How many confirmed Covid- 19 cases in Queensland as of August 2020?
Around 1,100
Around 520
Around 210
Around 2,300
In cornering the stock market, what are the effective way to make your stocks blow up? Check all that apply
Making specific products that help the user in specific ways
Making goals at the start of the business year to push us further
Having assistants in video presentations or advertisements
Having another company to sponsor you
Business Ethics are what? Check all that apply
Responsibilities
Kindness to others
Competition against other companies
Laws
Ethan has a lemonade stand. Jonathan has an orange juice stand. Ethan is more popular than Jonathan in stocks. How can Jonathan beat Ethan in stocks?
Use a rocket launcher and destroy Ethan's stand
Make agreeable prices
Convince customers by handing out flyers by his stand
Make and give promos and coupons to early customers
1. This country has the largest population in the world.
USA
Russia
China
2. This country is the largest in the world by area and has a mixed economy.
Qatar
Russia
Japan
Out of four points which is not an economic activity?
Production
Social service
Professional
Trading in goods
Which of the following is the characteristic of a business?
Production
Exchange or sale
Risk element
All the above
private Ltd. company is not required to issue prospectus.
(a)
What is a occupation?
Playing Fortnite with someone
a job or profession
Buying a Koenigsegg Jesko
What is a job?
being a ttv streamer
something you do for fun
a chosen field of work
a paid position of regular employment.
What are career requirements?
Just get good at Fortnite
The responsibilities that you must preform in order to succeed in the career
Small task you do to just get a job
Going into an interview and bribing the boss
What is the money that you receive in exchange for work preformed
Bread
Equity
Wages
Guap
What is a career?
A chosen field of work
Screaming at kids through a virtual screen
Something you do for money
What is the difference between a job and a career?
A career is long term and a job is just for quick money
Working a shift vs working everyday
What do moral values help you do?
Help you tell right from wrong
Help you learn a lesson
Get better at Fortnite
Become NICKMERCS
Which of the below is not a financial statement?
Statement of Cash Flow
Profit and Loss Report
Fundraising Report
Balance Sheet
The KPI that shows whether your sales team is capable of turning prospective deals into a real business is called?
Cost per lead
Lead-to-sale conversion rate
Average annual sales volume per customer
Profit/Earning ratio
Which of these is not a CRM KPI?
Number of complaints per month
Average profit per customer
Average customer retention period
None of the Above
Which of these entities is the riskiest?
Sole Proprietorship
General Partnership
Limited Liability Company
Limited Partnership
Working Capital is cash that is immediately available and you calculate by subtracting your business's existing liabilities from its existing assets.
True
False
Who is the target audience?
a group of people who are most likely to want the product being advertised
a group of people who are responsible for producing something
a group of people who are in charge of the company advertising
What would not affect a businesses decision on location?
Proximity to labour
Proximity to customers
Internet access
Proximity to the government
What is a greenfield site?
A disused site envisioned for redevelopment
An area of undeveloped agricultural land marked for commercial development
An area with high unemployment marked for government development
An area with a high business concentration
How are trade blocs beneficial?
They allow countries to enjoy free trade
It allows for businesses to meet other businesses
Transportation of raw materials will improve the environment
They allow for the development of small businesses
What would a business like Amazon not consider when looking for a location for their headquarters?
Infrastructure
Clean and modern centre
Proximity to raw materials
Communication links
For which of these businesses would proximity to customers be most important?
An online bookstore
A firm of international management consultants
An Italian restaurant
A manufacturer of supermarket products
Why might a startup business want to locate in the same building as other new businesses?
To increase scale of production
To share ideas and facilities
To protect a brand or a business idea
To reach customers
Which department is likely to be responsible for dealing with an employee's contract of employment?
Production
Marketing
Human resources
