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BST quiz

Total questions: 6

Worksheet time: 2hrs 30mins

Name
Class
Date
1.

Why earning profit is the main aim of a business enterprise?

a)

To spend higher amount on marketing

b)

Every business aims to earn profit to survive and grow

c)

To make more drawings

d)

To hire Karishma ma'am

2.

What is the role of manager in business enterprise?

a)

To get phaltu paisa

b)

To check tax activity of business

c)

To teach M.BA

d)

To conduct and coordinate business activity

3.

What is the importance of Emplyee's attitude and performance in an enterprise

a)

It directly influences productivity and profitability

b)

To make a non-toxic system

c)

Achcha lagta h bhai

d)

To avoid work delays

4.

Prakash Power Ltd. set up a factory for manufacturing jute bags in a remote village. The revenue earned by the company was sufficient to cover the costs and the risks. As the demand of jute bags was increasing day-by-day, the company decided to increase production to generate higher sales. For this, they decided to employ people from a nearby village as very few job opportunities were available in that area. The company also decided to open schools and creches for the children of its employees. Which objectives were accomplished by the company?

a)

Selfish objectives

b)

To do time pass

c)

Organizational and social objectives

d)

Social objectives and personal objectives

5.

Which one of the following is the most developing and sustainable objective of financial decision making :-

a)

Profit maximization

b)

Earnings maximization

c)

Value maximization

d)

Cost maximization

6.

Mercury Industries decided to donate 5% of its sales to 'Girl Child Upliftment Organization' for improving the condition of girl child in India. This initiative by the company was highly appreciated by the public and their sales increased by 20%. Identify the objective depicted in the given case

a)

Earning profit

b)

Manager performance & development

c)

To impress Modi Ji

d)

Social Objectives