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Business Studies Grade 10 Revision 1

Total questions: 50

Worksheet time: 26mins

Name
Class
Date
1.

The micro environment refers to the internal environment of the business.

a)

True

b)

False

2.

The businesses resources include physical, human, financial and technological resources.

a)

True

b)

False

3.

A cleaner sets the vision, sets aims and goals and a new vision.

a)

True

b)

False

4.

Middle management is responsible for making strategic decisions.

a)

True

b)

False

5.

Data refers to (a)  

6.

A good manager must have _____

a)

lazy manners.

b)

good communication and listening skills.

7.

____ are amounts provided by government to businesses.

a)

Grants

b)

An overdraft

8.

An ____ is similar to a loan which must be paid back with higher interest.

a)

underdraft

b)

overdraft

9.

____ capital is money provided by a person to help a start-up business, in exchange for a a share in the business.

a)

Adventure

b)

Venture

10.

The ____ is responsible for establishing good relations with consumers, suppliers and investors.

a)

public relations

b)

marketing department

11.

Suppliers are responsible for providing resources such as raw materials to a business.

a)

True

b)

False

12.

Intermediaries use laws and rules to control the market environment.

a)

True

b)

False

13.

Strategic alliances are organizations or people who form partnerships to achieve a common goal.

a)

True

b)

False

14.

CBO's and NGO's are part of civil society.

a)

True

b)

False

15.

The assessment to used for the Micro environment, is the ________

a)

Porter's Five

b)

SWOT-analysis

16.

The assessment used for the market environment is the ____

a)

Porter's Five

b)

SWOT-analysis

17.

The assessment tool used for the Macro Environment, is the _____

a)

Porter's Five

b)

Pestle

18.

The organogram is an example of the organizational _____

a)

structure

b)

stricter

19.

The ____ provides an outline of how the business will achieve its vision.

a)

goals

b)

mission statement

20.

Quality ______ occurs when business do check ups during the production process or every stage of manufacturing.

a)

control

b)

assurance

21.

Quality ___ happens when business to a quality check at the end of the production process.

a)

control

b)

assurance

22.

The ___ refers to the external environment, over which management has no control.

a)

market

b)

macro

23.

The ____ refers to the inside of the business, over which management has full control and can also make decisions.

a)

micro

b)

market

24.

The _____ environment is the outside of the micro environment, which management cannot control but have some influence.

a)

macro

b)

market

25.

Components found in the micro environment are: ____

a)

consumers, supplier, competitors, intermediaries.

b)

vision, mission statement, goals, objectives, organisational culture and sources, 8 functions.

26.

Components found in the market environment are: ____

a)

consumers, supplier, competitors, intermediaries.

b)

vision, mission statement, goals, objectives, organisational culture and sources, 8 functions.

27.

Businesses that combine their resources to undertake a project, share expertise and information to benefit all their members.

a)

strategic allies

b)

regulators

28.

Types of capital which businesses can use, include _____capital.

a)

fake, casino chips, monopoly money

b)

fixed, working, own and borrowed

29.

_____ capital is used by businesses to achieve long-term goals like buying assets or expanding the business.

a)

Fixed

b)

Working

30.

_____ capital is used to pay for daily operations of the business such as paying workers and buying stock or paying creditors.

a)

Fixed

b)

Working

31.

The management tasks of a business include _____

a)

planning, organising, controlling, directing,leading

b)

shoving, pushing, loading, bullying.

32.

The function responsible for the recruitment, training and advertising of a new post.

a)

Marketing

b)

Human Resources (HR)

33.

The function responsible for promoting the image of the business.

a)

Public Relations

b)

Marketing

34.

_____ assist communities with job creation and becoming self-sufficient.

a)

NGOs

b)

CBOs

35.

____ are non-profit organizations that operate separately from government and concerned with addressing socio-economic issues.

a)

NGOs

b)

CBOs

36.

___ are government bodies that make rules and regulations to control business activities.

a)

Rulers

b)

Regulators

37.

____ is the assessment tool used in the market environment.

a)

SWOT-analysis

b)

Porter's Five

38.

_____ is the assessment tool used in the micro environment.

a)

SWOT-analysis

b)

Porter's Five

39.

____ is the assessment tool used in the macro environment.

a)

Pestle

b)

Porter's Five

40.

____ protect the interest of workers, call for industrial actions and negotiate for better wages and protect workers against unfair dismissal.

a)

Employer's organizations

b)

Trade Unions

41.

A____ create a vision, inspire subordinates, influences behavior and communicates through vision/charisma.

a)

manager

b)

leader

42.

A ____ understands the goals of the business, delegates tasks to subordinates, guides behavior and is usually appointed in that position.

a)

manager

b)

leader

43.

Lower level management makes ___ decisions.

a)

strategic

b)

operational

44.

Top management makes ___ decisions in the business.

a)

strategic

b)

operational

45.

Middle management makes ____ decisions within the business.

a)

operational

b)

tactical

46.

Organizational resources of a business include _____ resources.

a)

financial, human, technological and physical

b)

non-physical and biological

47.

The ___ contains what the business wants to achieve in the future.

a)

mission statement

b)

vision

48.

The _____ outline/explains the reasons why the business exist.

a)

mission statement

b)

vision

49.

____ reflect what the business wants to achieve in the long run.

a)

Objectives

b)

Goals

50.

____ are the short-term steps that will guide the business to achieve its goals.

a)

Objectives

b)

Gaols