WorksheetsYear 7 Humanities Pearlspeadia Business Studies
Total questions: 35
Worksheet time: 23mins
What department is responsible for the general running of the organizational affairs?
Administrative Department
Purchasing Department
Accounting Department
Personnel Department
What department coordinates all the activities of all the other departments in the organisation?
ADMINISTRATIVE DEPARTMENT
PURCHASING DEPARTMENT
ACCOUNTING DEPARTMENT
PERSONNEL DEPARTMENT
What department is in charge of buying all materials and equipment in the organisation?
Administrative Department
Purchasing Department
Accounting Department
Personnel Department
What department is responsible for keeping records of all financial transactions in the organisation?
Administrative Department
Purchasing Department
Accounting Department
Personnel Department
What department is responsible for selling products of the organisation?
Accounting Department
Sales Department
Purchasing Department
Administrative Department
Which department handles all staff matters in an organisation?
Personnel Department
Administrative Department
Sales Department
Accounting Department
All are components of business studies EXCEPT
keyboarding
commerce
business studies
computer studies.
(a) is an office that contains more than ten workers
The two types of office by administrative structure are
open and closed
close and small
large and open
none of the above
(a) is the study of business environment and its components
2. A clerical staff does NOT perform one of the following functions
providing snacks for the manager during break time
receiving incoming mail
opening of new files and closing of old ones
recording of files in and out of the office
Career opportunities in Business studies involve the following EXCEPT
cashier
marketer
administrator
hawker.
Which one does not belong to the group?
Business studies helps to provide opportunity for self development
It provides opportunity for making appropriate career selection
It helps individual to make better investment decision
It discourages individual ability to calculate
The aim of any business is to yield
profit
loss
capital
all the above
What is e-commerce?
Buying goods and services on your local high street
Business transactions involving payment using credit card
Commercial transactions conducted electronically on the Internet
Selling a range of good and services at your local car boot sale
A person who buys and use goods and services is called a
Costomer
Expand WWW
watch, website,Wheel
World Wide Web
World wide Website
Webinar watch world
Which is a form of international trade?
Trading between China and Nigeria
Trading between Agege and Asaba
Trading the Lagos and Ilorin
Trading between Ikorodu and Makurdi
Which is NOT a reason why people trade? To______
earn valuable foreign exchange
obtain goods they cannot grow or produce
develop healthy relationships with countries
create trade barriers with countries
Every year Mr. Douglas sells 1000 tons of sugar to a company in England. Which word best describes Mr. Douglas?
retailer
importer
exporter
wholesaler
It is the process a firm uses to transform inputs (e.g. labor, capital, raw materials) into outputs, i.e. the goods or services the firm wishes to sell.
Production
Production Theory
Manufacturing
Merchandising
Which factor of production includes the natural resources in an area that can be used to produce or create.
Land
Labor
Capital
Entrepreneurship
Which factor of production includes the effort that the people put into the production of goods or services.
Land
Labor
Capital
Entrepreneurship
Which factor of production includes the machines, tools, technology, etc used by humans to produce or create.
Land
Labor
Capital
Entrepreneurship
Which factor of production includes when a person takes a risk and comes up with a new idea or process.
Land
Labor
Capital
Entrepreneurship
This type of company has a maximum of fifty (50) shareholders
Public Limited
Private Limited
Public Unlimited
Private Unlimited
The decision making process is slow for all the following forms of business organisations EXCEPT:
Companies
Partnerships
Co-operatives
Sole trader
Companies can be ________ or _________
Private, Public limited
Private, Public unlimited
Co-operative, Partnership
Individual, General
There are ___ basic forms of business organisations.
8
4
5
3
The business is owned and operated by one (1) person
Proprietorship
Sole Proprietorship
Sole Proprietorship
Soul Proprietorship
The form of business operated by two (2) or more persons
Sole trader
Public limited company
Partnership
Private limited company
