WorksheetsBusiness studies class xii
Total questions: 22
Worksheet time: 11mins
The reward for capital resources in a company is:
Rent
Salaries and wages
Interest
Profit
Which one of these is the impact of unemployment?
Crime rate increase
All of the above
Decrease in the country's GDP
Political disturbance
one of the recruitment resources is..
Recruitment agencies
Tertiary institutions
In-house employees
All of the above
Corporate government is mostly concerned with:
The well-being of the directors of a company
The different laws affecting the company
The trading of shares
The company's accountability to shareholders, the community and the environment
This problem-solving technique allows a manager to find solutions on his/her own:
brainstorming
delphi
empty chair
forced combination
What is an operating cost?
Something a business pays before the company starts
Something the company receives
Something the company pays for their day to day running
Something the company cant afford
What is a variable cost?
A cost which does not change
A cost which they must pay even if they produce nothing
A cost which changes the more or less the business produces
A cost the business pays when they start
If a business's costs exceeds it sales revenue, it will experience a ........?
loan
profit
loss
debt
Business cycle is also known as
Enterprise cycle
Full cycle
Trade cycle
Downturn
Which DOES NOT belong to the group?
Boom
Recess
Slump
Recovery
In a business cycle, "boom" is one of the cycles. Which is an indicator of an economic "boom?"
output falls
businesses do badly
wages and prices rise
national income drops for at least 2 quarters
Which is NOt an impact of government intervention?
Governments create laws about how goods can be produced.
Government import tariffs influence what is to be produced.
Government spending on defence does not provide incentives for companies.
Government taxes and subsidies discourage some methods of production.
It refers to a body with power to make and enforce laws within a state or over certain groups of people.
Business
Government
Shareholders
Stockholders
Because of the pandemic Covid 19, the world economies are heading into a
slump
recession
boom
growth
The picture is an example of a toll road. Which is a possible social benefit of this business establishment?
noise pollution
climate change
creation of jobs
water pollution
It is the activity of influencing people to strive willingly for group objectives. Identify it.
a. Motivation
b.Leadership
c. Communication
d.Supervision
The highest level need in the need hierarchy of Abraham Maslow is:
a.Safety need
b.Belongingness need
c.Self-actualisation need
d.Prestige need
