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Business studies

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

An example for producer good is

a)

Tractor

b)

Newspaper

c)

Package holiday

d)

Meal at a restaurant

2.

Which of the following is a non-

financial business objective

a)

Increase market share

b)

Independence and control

c)

Profit maximization

d)

Survival

3.

A fast method of growth is a key advantage for which business structure

a)

Franchiser

b)

Partnership

c)

Franchisee

d)

Entrepreneur

4.

Selling shares to the public for the first time to raise capital for a company called

a)

Flotation

b)

Prospectus

c)

Joint venture

d)

Venture Capital

5.

Which document would be issued to a limited company giving it permission to trade

a)

Memorandum of association

b)

Articles of association

c)

Certificate of incorporation

d)

Prospectus

6.

The transfer of public sector resources to private sector is called

a)

Nationalization

b)

Privatization

c)

Segmentation

d)

Rationalization

7.

What is the most appropriate form of business for a multinational operator

a)

Partnership

b)

Public corporation

c)

Public limited company

d)

Social enterprise

8.

Which of the following countries has most likely seen the sharpest decline in employment in the primary sector in the last 50 years

a)

USA

b)

Uganda

c)

Bangladesh

d)

Chad

9.

An area of ground that was once used for urban development is called

a)

Brownfield site

b)

Enterprise zone

c)

Science park

d)

Greenfield site

10.

Basic systems and structures that a country or organisation needs in order to work properly

a)

Technology

b)

Marketing

c)

Infrastructure

d)

Planning