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Worksheets

Practice Exam

Total questions: 60

Worksheet time: 15hrs 0mins

Name
Class
Date
1.

What is risk?

a)

The chance that you will hurt yourself.

b)

Something that has the potential to cause harm.

c)

The possibility that harm may occur after being exposed to a hazard.

d)

The chance that you will hurt someone

2.

What is hazard?

a)

The possibility that harm may occur.

b)

Something that has the potential to cause harm.

c)

Something that can make you fall over.

d)

The chance that you will hurt yourself

3.

Safety could be best defined as :-

a)

Avoiding an accident.

b)

Wearing all PPE in the workshop.

c)

The condition of being protected from or unlikely to cause danger, risk or injury.

d)

Not likely to be harmed or lost.

4.

Covid-19 is what type of hazard?

a)

Physical

b)

Ergonomic

c)

Biological

d)

Chemical

5.

What is the purpose of a risk assessment?

a)

To generate more paperwork.

b)

Proportion blame in the event of an accident occurring.

c)

Create work for the designated safety officers.

d)

To evaluate hazards and to minimise the levels of its risk.

6.

What is the first step in conducting a risk assessment?

a)

Record the finding.

b)

Evaluate the risk and decide the precautions.

c)

Identify the hazard.

d)

Decide who might be harmed and how.

7.

Worn electrical cords and plugs, and exposed wiring

a)

Chemical Hazard

b)

Mechanical Hazard

c)

Electrical Hazard

d)

Physical Hazard

8.

Cables running across the floor

a)

Electric Hazard

b)

Mechanical Hazard

c)

Chemical Hazard

d)

Physical Hazard

9.

Cleaning solvents and different chemicals use for cleaning the office area are

a)

Physical Hazard

b)

Electric Hazard

c)

Chemical Hazard

d)

Physical Hazard

10.

6. It includes protective gown, gloves, mask.

a)

A. Administrative control

b)

B. Elimination

c)

C. Substitution

d)

D. Using PPE

11.

Incorrect lifting of heavy load that cause injuries like back pain and muscle sprains can be related to ________

a)

ERGONOMICS HAZARD

b)

PHYSICAL HAZARD

c)

CHEMICAL HAZARD

d)

BIOLOGICAL HAZARDS

12.

In 2019, 94% of American workers report experiencing stress at their workplace. What type of hazard is this?

a)

PSYCHOLOGICAL HAZARD

b)

ERGONOMICS HAZARD

c)

PHYSICAL HAZARD

d)

HEALTH HAZARDS

13.

Furniture is regarded as

a)

Assett

b)

Fixed Assett

c)

Liability

d)

Current Liability

14.
Cost incurred in its efforts to create revenue
a)
Expense
b)
 Revenue
c)
Withdrawal
d)
Liability
15.

If Assets are $19,500 and Capital is $14,300, how much are Liabilities?

a)

33,800

b)

$5,200

c)

$19,500

16.

If Capital is $31,400 and Liabilities are $15,500, how much are Assets?

a)

$46,900

b)

$15,500

c)

$15,900

17.

If Capital is $17,500 and Liabilities are $7,500, how much are Assets?

a)

$7,500

b)

$10,000

c)

$25,000

18.

If Capital is $27,500 and Liabilities are $5,400, how much are Assets?

a)

$32,900

b)

$27,500

c)

$22,100

19.

If Assets are $15,500 and Capital is $9,600, how much are Liabilities?

a)

$5,900

b)

$15,500

c)

$25,100

20.

If Liabilities are $23,000 and Capital is $9,750, how much are Assets?

a)

$23,000

b)

$32,750

c)

$13,250

21.

If Assets are $17,300 and Liabilities are $6,300, how much is Capital?

a)

$11,000

b)

$17,300

c)

$23,600

22.

Additional capital introduced in the business will increase..................... and .....................

a)

Liabilites and capital

b)

Land and Capital

c)

Assets and Capital

d)

Assets and Liabilities

23.

Goods Purchased on credit will increase the

a)

Liability

b)

Capital

c)

Debtor

d)

Drawings

24.

On January 1st, 2020 an entity's balance sheet showed total assets of Rs. 7,500 and liabilities of Rs. 2,500. Owners' equity at January 1st was?

a)

7,500

b)

10,000

c)

2,500

d)

5,000

25.

Price

a)

Informing customers about products and persuading them to buy them

b)

The cost to the buyer of goods or services

c)

Where goods or services are available

d)

Goods or services that are sold

26.

Place

a)

Informing customers about products and persuading them to buy them

b)

The cost to the buyer of goods or services

c)

Goods or services that are sold

d)

Where goods or services are available

27.

Market segmentation:

a)

Divides customers into sub groups

b)

Is a method of promotion

c)

Is a qualitative form of market research

d)

Transports products to customers

28.
How is a market segmented by 'lifestyle'?
a)
Products can be aimed specifically at males or females or both
b)
People have different hobbies and interests, which can be connected to income and location.
c)
Consumers live in different parts of the country and will have different tastes and needs.  Those living in the city might want a smaller car
d)
Age groups can be split into categories e.g. 0-10, 11-16 or 18+.  Or even by young and old
29.

An internet travel agent sells expensive round the world cruises. Which of the following market segments is the travel agent most likely to target?

a)

Families with children under 5

b)

Local residents

c)

People with high incomes

d)

Young, single men

30.

The particular market segment at which a business aims its products is known as the:

a)

Target Market

b)

Unique Selling Point

c)

Main Market

d)

Market Leader

31.

The market for a product or service can often be broken down into different area where customers have distinct needs and wants. These areas are called market:

a)

Sections

b)

Segments

c)

Synergies

d)

Forces

32.

Which of the following is an advantage of using market segmentation?

a)

It allows a business to charge higher prices

b)

It lets a business invest more in plant and machinery

c)

It saves business money by avoiding the need for TV advertising

d)

It allows a business to target its promotional strategy more effectively.

33.

Which is NOT an example of Market Segmentation?

a)

Income

b)

Gender

c)

Age

d)

Hair Colour

34.

A business' target market includes

a)

Everyone

b)

All the people who might use a product or service

c)

The specific people that the company is aiming to reach with its marketing and sales efforts

d)

One segment of the market

35.

The term "Demographics" refers to

a)

Grouping potential customers based on their beliefs and preferences

b)

Grouping potential customers based on whether or not they have purchased a product in the past

c)

Grouping potential customers using statistical data such as age, race and gender

d)

Grouping potential customers based on where they live

36.

A business' target market includes

a)

Everyone

b)

All the people who might use a product or service

c)

The specific people that the company is aiming to reach with its marketing and sales efforts

d)

One segment of the market

37.

Is a contract between the policyholder and the insurance company where the beneficiary is designated to receive stated monetary benefits in case of death of the insured person.

a)

General insurance

b)

Life insurance

c)

Motor insurance

d)

Health insurance

38.

Why is a customer base important?

a)

It's not

b)

They are the only possible source of income for a company

c)

They are the only reason you are in business

d)

A company probably cannot survive without a sufficient customer base

39.

Provides cover for risks other than life-risk. It may ensure your health, car, house, property and other valuables from accidents and disasters.

a)

Life insurance

b)

Home insurance

c)

General insurance

d)

Motor insurance

40.

What is the main purpose of customer service?

a)

To meet needs and expectations

b)

To deliver standards

c)

To work as a part of a team

d)

To increase sales

41.

Which of the following is the best explanation of customer base?

a)

Customer that support your business

b)

Customer who have already purchase your product

c)

The group of customer to which you are marketing

d)

Customers that have already purchased your product and potential customers to which you are marketing

42.

Considering promotional mix, method in which sales force personal presentation for building customer relationship and increasing sales is called

a)

Sales promotion

b)

Personal selling

c)

Public relations

d)

Advertising

43.

In marketing research, asking preferences and questions about buying behaviour is example of

a)

Experimental research

b)

Scientific research

c)

Observational research

d)

Survey research

44.

Customer relationship management is (CRM)

a)

A mass marketing customer loyalty program

b)

An overarching business philosophy

c)

An integrated implementation system

d)

Answers B and C

45.

Type of question in questionnaire in which all possible choices are given is

a)

Open ended question

b)

Close ended question

c)

Both a and b

d)

None of above

46.

A salesperson who, once he or she has a customer relationship, attempts to sell a wide variety of products or services engages in

a)

Customer value selling

b)

Integrated marketing

c)

Cross selling

d)

Efficient consumer selling

47.

The task of any business is to deliver ________ at a profit.

a)

Customer needs

b)

Products

c)

Customer value

d)

Products and services

48.

One of the following is consider as a type of insurance

a)

COVID 19- travel insurance

b)

Home insurance

c)

Health insurance

d)

All of the above

49.

What is the most likely result of having no policy on intellectual property?

a)

Confusion and mistakes.

b)

Increased efficiency.

c)

Increased control.

d)

Loss of business opportunity.

50.

What is NOT a deciding factor in Trademark infringement?

a)

The similarity of marketing channels used

b)

The similarity of the price

c)

The similarity of the marks

d)

The strength of the mark;

51.

A ____________________ usually lasts for the life of the online creator plus 70 years.

a)

Patent

b)

Trademark

c)

Copyright

d)

Trade secret

52.

What does a trademark protect?

a)

the look, shape and feel of a product

b)

logos, names, shape and brands

c)

a work of art

d)

an invention

53.

Which item would you be able to patent?

a)

A literary, dramatic, musical or artistic work

b)

A scientific or mathematical discovery or theory

c)

A technological advancement

d)

All

54.

A registered trademark is renewable after how many years?

a)

10

b)

20

c)

30

d)

40

55.

Intellectual property rights protect the use of information and ideas that are of

a)

Social value

b)

Ethical value

c)

Commercial value

d)

Moral value

56.

Which is the best way to reduce office related risk?

a)

Carry out staff training.

b)

Carry out risk assessments

c)

Report incidents to superiors.

d)

Improve resource maintenance.

57.

What is the first action to be taken when a hazard has been identified in the workplace?

a)

Assess the risk.

b)

Prevent the incident occurring.

c)

Complete the necessary documents.

d)

Report the situation to a line manager.

58.

What is the most likely result of having no policy on intellectual property?

a)

Confusion

b)

Increased control.

c)

Loss of business control and progression.

d)

Increased efficiency.

59.

Why must a business have warning systems?

a)

To alert all employees

b)

To meet assembly points

c)

To get help from police, fire and ambulance

d)

To meet legislation

60.

Why must a business have warning systems?

a)

To alert all employees

b)

To meet assembly points

c)

To get help from police, fire and ambulance

d)

To meet legislation