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WorksheetsY10 RP Business Quiz 3
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
What is the main important factor for a retail business?
a)
Labour Costs
b)
Cost of raw materials
c)
Footfall
d)
Rent
2.
1. Developing countries are attractive locations to place business because
a)
a. They industrialize faster than developed countries \
b)
a. Labor and resources are affordable
c)
a. There is a high population
d)
a. All of the above
3.
Which of the following is likely to be the main factor influencing the location of a small barber shop? Proximity to:
a)
Customers
b)
Labour
c)
Raw materials
d)
Competitors
4.
When workers take a percentage of profits from the company they work for, what is this called?
a)
Bonus
b)
Fringe Benefits
c)
Profit-sharing
d)
Salary
5.
What is not a benefit of motivated staff?
a)
More output
b)
Better environment
c)
Lower Absenteeism
d)
Higher Staff Turnover
6.
Which of the following is an advantage of a centralised business?
a)
Decision making is consistent across the organisation
b)
Increased motivation amongst junior managers
c)
Reduces the pressure on senior managers
d)
Increased staff involvement in the decision making process
7.
What is recruitment?
a)
The way a business finds new staff
b)
Those who have an interest in the business
c)
It is another term for vacancy
d)
Customer service best practice is carried out using this method.
8.
What happens when a business produces faulty goods?
a)
It increases costs
b)
It increases costs and damages the reputation of the firm
c)
It is an example of Total Quality Management
9.
Which of the following is usually true about poor quality products?
a)
They are in demand
b)
They fail to meet customers expectations
c)
They are expensive
10.
A target market is a group of _______ that the _______ has decided to aim its marketing efforts and ultimately its merchandise towards.
a)
Companies, Business
b)
Companies, Research
c)
Customer, Business
d)
Business, Customer
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