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WorksheetsManaging Small Business Quick Revision
Total questions: 20
Worksheet time: 3mins
A lawyer believes his client is guilty, but remains professional and represents his client. This is an example of which of the following?
Moral behavior
Unlawful behavior
Ethical behavior
Mannerly behavior
Which of the following should a person NOT do during an ethical decision-making process?
Review the company’s code of ethics
Study laws and regulations of an industry
Consider stakeholders’ interests
Make a choice based on company’s profits
What is a human resources function ?
Responsible for communicating with clients
Responsible for recruiting the right people with required skills
Deals with giving out papers to CEO, managers etc
Deals with the budgeting of the company
It is a document which the borrower gives to the lending institution in exchange for the money he borrowed is called _______.
gift certificate
check
collateral
promissory note
The method of raising capital by selling company's stock to investors.
Debt Financing
Equity Financing
Short Term Financing
Long Term Financing
Which of the following is classed as a short-term source of finance?
Trade Credit
Venture Capital
Personal Savings
Retained Profit
The following is concerned with developing a pool of candidates in line with the human resources plan.
Development
Training
Recruitment
All the above
Which is not on the job training?
Job rotation
Internship
Coaching
Classroom lectures
______ is the process of choosing the most suitable candidate for the vacant position in the organisation.
Recruitment
Training
Selection
Performance Appraisal
Which of the following steps of the consumer decision making process involves comparing the product to expectations and deciding whether it is satisfying or dissatisfying?
Alternative evaluation
Post-purchase evaluation
Information searching
Need identification
Which of the following is not part of the buyer decision proocess?
Information Search
Evaluation of Alternatives
Post Purchase Behavior
All of the other answers are part of the buyer decision process.
The relationship which shows who reports to whom in an organization is referred to as:
Chain of command
unity of command
span of control
hierarchy
