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Business SL Term 2 test

Total questions: 32

Worksheet time: 1hrs 4mins

Name
Class
Date
1.

What is the correct definition of a business aim?

a)

what the owners of a business want to do

b)

what the business does to produce their product or service

c)

the overall target or goal of the business

d)

the steps a business needs to take to meet its targets

2.

which of the following is the correct definition for a mission statement?

a)

it defines the company's business, its objectives and its approach to reach those objectives.

b)

it describes the desired future position of the company.

c)

it describes what the company produces

d)

it describes what the shareholders believe in

3.

The SMART acronym is used to develop effective objectives - what does SMART stand for?

a)

Specific, Measurable, Achievable, Relevant, Time Specific

b)

Specific, Management, Attainable, Relevant, Timetable

c)

Social, Manageable, Actionable, Relevant, Time Specific

d)

Social, Measurable, Actionable, Reachable, Trackable

4.

What is an approach or scheme for achieving an aim or objective?

a)

Policy

b)

Curriculum

c)

Strategy

d)

Tactic

5.

Which of the following are Human Resource objectives?

a)

reduce labour turnover

b)

decrease absenteeism

c)

increase sales

d)

increase advertising

6.

Which of the following would be part of a company's corporate social responsibility strategy?

a)

to treat all staff fairly

b)

to reduce the number of managers in the organisation

c)

to reduce waste products in production

d)

to support local charities

7.

which of the following are benefits of an effective CSR policy?

a)

increased costs of production

b)

increased size of business

c)

improved brand image

d)

development of motivated and talented workforce

8.

In a SWOT analysis, under which section would a highly skilled workforce be placed?

a)

Strengths

b)

Weaknesses

c)

Opportunities

d)

Threats

9.

In a SWOT analysis, in which section would a new competitor would be placed?

a)

Strengths

b)

Weaknesses

c)

Opportunities

d)

Threats

10.

In a STEEPLE framework, which section relates to the way people live and what they believe and value

(a)  

11.

In a STEEPLE framework, which section would analyse changes in interest rates and inflation?

(a)  

12.

In a STEEPLE framework, which section would include the effect of pollution and climate change?

(a)  

13.

In a STEEPLE framework, in which section would you find analysis of unfair labour practices and corruption?

(a)  

14.

What is the best definition of workforce planning?

a)

a method to find and recruit workers to the business

b)

a method to forecast how many and what type of employees are needed now and in the future.

c)

a method used to plan the training needs of the workforce

d)

a method used to forecast the productivity of workers in the future

15.

Which of the following would be part of short term work force planning?

a)

workers retiring

b)

expansion of the business

c)

workers on maternity leave

d)

workers on holiday

16.

what are the 2 missing words in the following calculation?

___________ __________ rate = (Number of employees leaving / Number of employees in the business) × 100

(a)  

17.

which of the following are unavoidable causes of employees leaving a business?

a)

retirement

b)

poor working environment

c)

job dissatisfaction

d)

birth of children

18.

Which of the following is a cost of a high labour turnover?

a)

fewer products are made by the business

b)

only qualified staff remain in the business

c)

increased cost of training new staff

d)

loss of company reputation

19.

Write the 2 missing words concerning workforce planning


If there are many similar organisations in the area offering similar ________, it will be more challenging to find and recruit qualified _________.

(a)  

20.

Write the missing word


Many countries have (a)   that prohibits discriminatory job advertisements or recruitment procedures.

21.

Write the missing word


High rates of (a)   mean an abundant supply of labour or a large pool of candidates from which to choose.

22.

Which of the following is the 1st step in the recruitment process

a)

Job description

b)

Selection

c)

Job advertisement

d)

Job analysis

23.

Which recruitment document includes job title, main tasks and duties and description of the working environment?

a)

Job analysis

b)

Job specification

c)

Job description

d)

Job planner

24.

which of the following is included in a person (job) specification?

a)

qualifications requirements

b)

work experience requirements

c)

salary requirements

d)

personality requirements

25.

What is the missing step in the selection process?


1. application

2. (a)  

3. testing

4. job offer

26.

What is the type of recruitment when a job vacancy is filled within the organisation?

(a)  

27.

Which of the following are advantages of recruiting externally?

a)

It is likely to be less expensive than internal recruitment.

b)

New people will bring new ideas, skills and knowledge.

c)

It retains valuable employees and avoids recruitment costs.

d)

It offers greater choice and a range of experience in candidates.

28.

What type of training is conducted while the employee is performing work activities, without leaving the work place?

(a)  

29.

What is the name of training given to new employees?

a)

Appraisal

b)

Induction

c)

Apprenticeship

d)

Coaching

30.

Fill in the missing word

(a)   is when the new employee is paired with a more experienced employee to help them discuss problems and how to solve them

31.

which of the following are benefits for an effective appraisal programme?

a)

increases worker motivation

b)

identifies new sales opportunities

c)

identifies training opportunities

d)

identifies employees promotion potential

32.

Fill in the missing word


(a)   appraisal is a method of appraisal which uses surveys to gather information about an employee’s performance from different people involved in their work.