wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

BUSINESS STUDIES YEAR 7 TOP PEARLS ROUND 2

Total questions: 35

Worksheet time: 23mins

Name
Class
Date
1.

What department is responsible for the general running of the organizational affairs?

a)

Administrative Department

b)

Purchasing Department

c)

Accounting Department

d)

Personnel Department

2.

What department coordinates all the activities of all the other departments in the organisation?

a)

ADMINISTRATIVE DEPARTMENT

b)

PURCHASING DEPARTMENT

c)

ACCOUNTING DEPARTMENT

d)

PERSONNEL DEPARTMENT

3.

What department is in charge of buying all materials and equipment in the organisation?

a)

Administrative Department

b)

Purchasing Department

c)

Accounting Department

d)

Personnel Department

4.

What department is responsible for keeping records of all financial transactions in the organisation?

a)

Administrative Department

b)

Purchasing Department

c)

Accounting Department

d)

Personnel Department

5.

What department is responsible for selling products of the organisation?

a)

Accounting Department

b)

Sales Department

c)

Purchasing Department

d)

Administrative Department

6.

Which department handles all staff matters in an organisation?

a)

Personnel Department

b)

Administrative Department

c)

Sales Department

d)

Accounting Department

7.

___ is an office that contains more than ten workers

a)

open office

b)

close office

c)

small office

d)

office

8.

The two types of office by administrative structure are

a)

open and closed

b)

close and small

c)

large and open

d)

none of the above

9.

____ is the study of business environment and its components

a)

business studies

b)

social studies

10.

The aim of any business is to yield

a)

profit

b)

loss

c)

capital

d)

all the above

11.

What is e-commerce?

a)

Buying goods and services on your local high street

b)

Business transactions involving payment using credit card

c)

Commercial transactions conducted electronically on the Internet

d)

Selling a range of good and services at your local car boot sale

12.

A person who buys and use goods and services is called a

a)
Consumer
b)
Producer
c)
Server
d)

Costomer

13.

Expand WWW

a)

watch, website,Wheel

b)

World Wide Web

c)

World wide Website

d)

Webinar watch world

14.

Every year Mr. Douglas sells 1000 tons of sugar to a company in England. Which word best describes Mr. Douglas?

a)

retailer

b)

importer

c)

exporter

d)

wholesaler

15.

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.

a)

Production

b)

Production Theory

c)

Manufacturing

d)

Merchandising

16.
A garbage truck driver is an example of which Factor of Production?
a)
labor
b)
land
c)
entrepreneurship
d)
capital
17.
Iron, minerals, coal and plants are examples of which productive resource?
a)
land
b)
labor
c)
entrepreneurship
d)
capital
18.
What is an entrepreneur?
a)
A person who starts a new business.
b)
A leader of a country.
c)
A worker in a factory.
d)
A student in college.
19.

Which factor of production includes the natural resources in an area that can be used to produce or create.

a)

Land

b)

Labor

c)

Capital

d)

Entrepreneurship

20.

Which factor of production includes the effort that the people put into the production of goods or services.

a)

Land

b)

Labor

c)

Capital

d)

Entrepreneurship

21.

Which factor of production includes the machines, tools, technology, etc used by humans to produce or create.

a)

Land

b)

Labor

c)

Capital

d)

Entrepreneurship

22.

Which factor of production includes when a person takes a risk and comes up with a new idea or process.

a)

Land

b)

Labor

c)

Capital

d)

Entrepreneurship

23.

This type of company has a maximum of fifty (50) shareholders

a)

Public Limited

b)

Private Limited

c)

Public Unlimited

d)

Private Unlimited

24.

There are ___ basic forms of business organisations.

a)

8

b)

4

c)

5

d)

3

25.

The business is owned and operated by one (1) person

a)

Proprietorship

b)

Sole Proprietorship

c)

Sole Proprietorship

d)

Soul Proprietorship

26.

The form of business operated by two (2) or more persons

a)

Sole trader

b)

Public limited company

c)

Partnership

d)

Private limited company

27.
A herd of cattle is an example of ...
a)
Land
b)
Labor
c)
Entrepreneur
d)
Capital
28.
Forests are examples of...
a)
Land
b)
Labor
c)
Entrepreneurs
d)
Capital
29.
A bulldozer is an example of...
a)
Land
b)
Labor
c)
Entrepreneurs
d)
Capital
30.
Your garbage man is an example of
a)
Land
b)
Labor
c)
Entrepreneurs
d)
Capital
31.

Bill Gates is an example of...

a)

Land

b)

Labor

c)

An Entrepreneurs

d)

Capital

32.
The creation of any kind of good or service is known as:
a)
Input
b)
Resources
c)
Production
d)
Entrepreneurship
33.
The human effort involved in the production of goods and services is known as:
a)
Capital
b)
Entrepreneurship
c)
Labor
d)
Land
34.
All natural resources that go into the production of a good or service:
a)
Capital
b)
Entrepreneurship
c)
Land
d)
Labor
35.
Anything within the production process, whether human or technological, that makes production more efficient
a)
Entrepreneurship
b)
Capital
c)
Land
d)
Labor