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Feb 14 A level business

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

The business that lets another firm use its format (brand, products etc)

a)

franchisee

b)

franchisor

c)

social enterprise

2.

This business can sell shares on the stock exchange (stock market)

a)

sole trader

b)

partnership

c)

PLC

d)

LTD

3.

In the Boston Matrix, a cash cow has :

a)

low market share

b)

high market share

c)

high market growth

4.

Paying shareholders higher dividends and having less retained profits =

a)

an opportunity cost

b)

a mistake

c)

a trade-in

d)

a trade-off

5.

His motivation theory suggested hygiene factors and motivators

a)

Taylor

b)

Mayo

c)

Maslow

d)

Herzberg

6.

An organisational structure based on project teams =

a)

Hierarchical

b)

Flat

c)

Matrix

d)

Bureaucratic

7.

A financial incentive where a salesperson gets a % of the sale :

a)

piecework

b)

profit share

c)

bonus

d)

commission

8.

Decision-making at local level

a)

decentralised

b)

centralised

9.

Training on day one (initial training)

a)

incitement

b)

conduction

c)

induction

d)

invention

10.

Flexible workforce :

a)

Full time, permanent

b)

Part time, temporary

11.

The route that orders are passed down a hierarchy

a)

Chain of reasoning

b)

Chain of thought

c)

Chain of command

d)

Chain of commando

12.

Pay and working conditions agreed by the trade union :

a)

individual bargaining

b)

collective bargaining

13.

Non-financial motivation :

a)

commission

b)

piecework pay

c)

empowerment

d)

performance-related pay

14.

This type of business has unlimited liability :

a)

partnership

b)

LTD

c)

PLC

d)

a company

15.

A company has limited liability because :

a)

It has a separate legal identity

b)

It is a big business

c)

personal possessions are at risk

d)

Its accounts are checked