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Worksheets

business

Total questions: 24

Worksheet time: 12mins

Name
Class
Date
1.

Is a trade between suppliers and customers who are located in different countries:

a)

Business

b)

International trade

c)

External trade

d)

universal trade

2.

Trade of physical goods:

a)

goods trade

b)

visible trade

c)

international trade

d)

visible trade

3.

Are goods sold to countries abroad:

a)

Imports

b)

Trade

c)

Exports

d)

visible trade

4.

a tax on imports or exports:

a)

quota

b)

tariffs

c)

subsidy

d)

barriers

5.

a limited quantity of a particular product that can be imported or exported:

a)

subsidy

b)

quota

c)

tariffs

d)

barriers

6.

money support from the government to help the industry keep its prices low:

a)

quota

b)

subsidy

c)

tariffs

d)

spending

7.

the price of one currency expressed in terms of another currency:

a)

interest rate

b)

exchange rate

c)

financial rate

d)

loan

8.

an iPhone is price in U.K is Euro 1500, how much is its sold in U.S knowing that 1 Euro= $1.97

a)

$2955

b)

$761

c)

$1501.2

d)

$800

9.

a machine has a price in U.K Euro 500. How much it is bought from U.S knowing that Euro 1 = $1.97

a)

$985

b)

$253.8

c)

$501

d)

euro 253.8

10.

is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise.

a)

Expenses

b)

Spending

c)

Revenues

d)

Legislation

11.

is the percentage of total sales (by value) or total output that a business has in a specified market.

a)

Share

b)

Market share

c)

business share

d)

sales share

12.

is the financial return or reward that entrepreneurs aim to achieve to reflect the risk that they take

a)

revenues

b)

profit

c)

expenses

d)

cost

13.

the ------ of a business is when it expands in size.

a)

growth

b)

size

c)

share capital

d)

market share

14.

Shareholders Satisfaction through:

a)

job security

b)

dividends

c)

customer satisfaction

d)

profit

15.

Employee satisfaction through:

a)

dividends

b)

profits

c)

job security

d)

customer satisfaction

16.

______ is a structure of a society or a legal or political system

a)

legal framework

b)

constraint

c)

politics

d)

spendings

17.

Taxes that the companies paid are called:

a)

income taxes

b)

indirect taxes

c)

corporation taxes

d)

company taxes

18.

taxes that you pay based on your income are called:

a)

income taxes

b)

corporation taxes

c)

indirect taxes

d)

direct taxes

19.

______:money takes from people’s wages and given to unemployed.

a)

social security

b)

spending

c)

legislation

d)

taxes

20.

Government build schools, universities, bridges, roads

a)

infrastructure

b)

spending

c)

support

d)

taxation

21.

giving customers good quality and prices:

a)

competition policy

b)

consumer protection

c)

environmental legislation

d)

protection

22.

starting the business with few capital

a)

undercapitalized

b)

financial capital

c)

overtrading

d)

credits

23.

(charge a high price) or inappropriate market strategy.

a)

advertising

b)

competition

c)

Ineffective cost control

d)

Ineffective marketing

24.

(expand too quickly)

a)

overtrading

b)

undercapitalized

c)

borrow too much