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MBA English for 11th grade - General revision

Total questions: 23

Worksheet time: 35mins

Name
Class
Date
1.

What are HR managers responsible for?

a)

selection

b)

training

c)

recruitment

d)

all of the above

2.

Who is usually responsible for onboarding new hires within a company?

a)

collective bargaining units

b)

CEO

c)

veteran employees

d)

a lawyer

3.

_______________ deals with government regulations, establishing workers' rights such as pay, hours, age, restrictions, and treatment of workers.

a)

HR professionals

b)

Employment law

c)

An employee

d)

An employer

4.

"Unsatisfactory workers are subject to employment termination." True or False?

a)

True

b)

False

5.

Betty feared that the HR manager had called her to discuss the (a)   of her employment contract.

6.

Since Olivia was good with numbers, she specialised in _________________ .

a)

assessment

b)

payroll

c)

workers recruitment

d)

negotiating with collective bargaining units

7.

What is the bulgarian translation of the word "depreciation"?

(a)  

8.

The amount of costs and expenses that exceeds total revenue is called _______________ .

a)

expenditure

b)

net loss

c)

revenue

d)

grant

9.

The intern prepared ________________ , then showed it to his boss.

a)

the revenue

b)

the current quarter

c)

the profit and loss statement

d)

the coffee

10.

The money that a company receives from sales and investments is called a/an ______________ .

a)

loss

b)

grant

c)

income

d)

revenue

11.

Why is it important for a company to keep financial records?

a)

Because it can keep track on how much it owes to its creditors.

b)

Because it can keep track on how much clients owes it.

c)

Because this way companies don't need to improve their equipment or operations.

d)

All of the above.

12.

The study of a national economy as a whole entity is ______________ .

a)

microeconomics

b)

macroecoomics

c)

elasticity

d)

opportunity cost

13.

"Medicines are goods with high elasticity." - True or false?

a)

True

b)

False

14.

What does the abbreviations "S" and "D" in the field of economics stand for?

a)

Scarcity and Delivery

b)

Supply and Demand

c)

Studies and discussions

15.

Material items that can be sold are (a)   .

16.

The government was concerned that the drought would lead to a ________________ of food.

a)

need

b)

scarcity

c)

abundance

d)

growing

17.

In a clear example of _________________ , prices rose when corn was scarce after a dry season.

a)

opportunity cost

b)

supply and demand

c)

need

d)

want

18.

A solid place from which someone or something can gain additional gains is a/an _______________ .

a)

foothold

b)

stabilize

c)

dominate

d)

industry leader

19.

One of the ways for a company to expand in the global market is to _____________ .

a)

operate

b)

branch out

c)

formulate a corporate mission

d)

formulate a corporate vision

20.

The company's _______________ is to provide the best customer service to its clients.

a)

profitability

b)

mission

c)

strategic management

d)

asset

21.

Which of these statements is NOT true about developing a business strategy?

a)

It gives you a framework for running your business.

b)

A clear strategy can help business owners to stay on track.

c)

Without a clear focus on your goals, you are more likely to accomplish your tasks.

d)

It makes it easier to delegate tasks to different individuals or departments.

22.

Coming up with different ideas and branching out to different markets can help a company to become a/an _______________ .

a)

global technology

b)

profitable

c)

industry leader

d)

bad competitor

23.

What are the four basic steps to produce an item and get it to a consumer?

4 lines