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Grade 11 business Studies lesson 1 mcq

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which of the following does not characterise business activity?

a)

Production of goods and services

b)

Presence of risk

c)

Sale or exchange of goods and services

d)

Salary or wages

2.

Which of the following does not characterise business activity?

a)

Production of goods and services

b)

Presence of risk

c)

Sale or exchange of goods and services

d)

Salary or wages

3.

. Which of the broad categories of industries covers oil refinery and sugar mills?

(i)

a)

Primary

b)

Secondary

c)

Tertiary

d)

None of them

4.

The occupation in which people work for others and get remunerated in return is known as

a)

Business

b)

Employment

c)

Profession

d)

None of them

5.

The industries which provide support services to other industries are known as

a)

Primary industries

b)

Secondary industries

c)

Commercial industries

d)

Tertiary industries

6.

Which of the following cannot be classified as an objective of business?

a)

Investment

b)

Productivity

c)

Innovation

d)

Profit earning

7.

Business risk is not likely to arise due to

a)

Changes in government policy

b)

Good management

c)

Employee dishonesty

d)

Power failure

8.

.................. includes those activities through which the natural resources are used to provide raw materials to other industries

a)

Primary industry

b)

Secondary industry

c)

Tertiary or Service Industry

d)

None of them

9.

Under ............. industry new products are manufactured by using the previously produced things

a)

Primary industry

b)

Secondary industry

c)

Tertiary or Service Industry

d)

None of them

10.

.......... includes those services which help business to move smoothly

a)

Primary industry

b)

Secondary industry

c)

Tertiary or Service Industry

d)

None of them