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Worksheets

Unit one Final count down

Total questions: 85

Worksheet time: 4hrs 38mins

Name
Class
Date
1.

What is the purpose of a mission statement?

a)

To describe what a company wants to become

b)

To analyze information and make decisions

c)

To set timelines and make choices

d)

To state the company's reason for existing now

2.
Business whose goal is to provide a service rather than to make the profit
a)
Franchise
b)
Non Profit Organization
c)
Corporation
d)
Partnership
3.
Business owned by stockholders
a)
Corporation
b)
Non Profit Organization
c)
Partnership
d)
Franchise
4.

_______ include tools and equipment used to produce goods and services

a)

Capital Resources

b)

Natural Resources

c)

Human Resources

5.

why are policies and procedures important?

a)

They help clarify things

b)

Make customers purchase their products

c)

They are the most important key in a business

d)

Help employee do their job

6.

when a customer is upset and going off on you what's the best way to deal with it

a)

let her first and give her coupons

b)

Be rude and ignore her

c)

Be patient and assist her when she is done

d)

leave the store

e)

call your manager

7.
Which of the following type of business is NOT a producer?
a)
pharmacy
b)
appliance factory
c)
coal mine
d)
chicken farm
8.
The people who make the major policy and financial decisions for a corporation are called the
a)
stockholders
b)
owners
c)
board of directors
d)
parners
9.
a list of steps to be followed for performing a particular work activity; a description of the way work is to be done
a)
policies
b)
procedures
c)
partnership agreement
d)
extractors
10.

Reliable

a)

a. dependable

b)

late

c)

customer

11.

What is nonverbal communication?

a)

Using words to transmit information

b)

Using body language, gestures, voice quality, and facial expressions when communicating

c)

Written communication

d)

Sign language

12.

What facial expression should you have when speaking on the phone?

a)

a grimace

b)

it doesn't matter, they can't see you

c)

a frown

d)

a smile

13.
Maintain eye contact with audience is a tip for giving a speech
a)
Yes
b)
No
14.

general expectations for employees

a)

a. reliability

b)

b. productivity

c)

c. cooperativeness

d)

d. all the above

15.

What is a Business Plan?

a)

It is an indispensable tool in order to start up a business project, independently of the size of the project and/or of the amount of business experience of the entrepreneur.

b)

It nevers provides answers to simple questions about a business.

c)

A document in which provides the business owners personal finances.

16.

What is the first things to do before we come to a job interview?

a)

Dress appropriately

b)

The usage of body language

c)

Read the job description well

d)

Follow up the interview result

17.

When answering interview questions, it is important to...

a)

Be specific

b)

Be general

c)

Stretch the truth to look better

d)

Take up as much time as possible.

18.
Your interview is scheduled at 1:45 PM. What time should you arrive?
a)
1:50 PM
b)
1:45 PM
c)
1:30 PM
d)
1:00 PM
19.
Which of these are extremely important during a job interview?
a)
eye contact
b)
first impression
c)
your attire
d)
all of these
20.

Carla is going to businesses to ask for job applications in person. What does the presentation suggest she bring with her?

a)

Nothing

b)

A small gift for the hiring manager

c)

A friend or family member

d)

Her resume and reference information

21.

If a question on a job application does not apply to you, which of the following is suggested?

a)

Leave it blank

b)

Fill the space with an asterisk (*)

c)

Fill the space with a dash or "n/a"

22.

A resume is...

a)

An autobiography of one’s career life and professional experiences in order to secure employment.

b)

A detailed listing of a job candidate’s skills, experiences, responsibilities, and achievements as these relate to the position and company being targeted.

c)

A complete listing of an individual’s education, work experience, and professional training.

23.

Certain personal info needs to be included in the resume such as...

a)

My name, email, phone number, date of birth, social security #

b)

My name, email, phone number, and age

c)

My name, phone number and email

24.

In which order should you list your work experience?

a)

Most recent job to least recent job.

b)

Least recent job to most recent job.

c)

The order doesn't matter.

25.

Which option is an example of a soft skill?

a)

Computer skills

b)

Knowledge of how to use Welding tools

c)

Organization skills

26.

Which option is an example of a hard skill?

a)

Knowledge of google programs (i.e. google docs, google, slides, google sheets)

b)

Creative

c)

Good with teamwork

27.

Who are NOT people you should use as a reference on your resume or job application?

a)

Boss

b)

Family

c)

Teacher

d)

Friends

28.

_______________________ is a way of speaking, behaving and even thinking that helps a person to be successful in the workplace.

a)

Critical thinking

b)

Planning and organizing

c)

Professionalism

d)

Teamwork

29.

How do you develop a positive attitude?

a)

Avoid negative thinking

b)

Be thankful

c)

Spend time with people who have a positive attitude

d)

All answers are correct

30.

The following traits are all related to which form of communication?

Focus on the person

Make sure you understand

Wait for your turn to speak

Show interest

Repeat what was said

a)

Verbal

b)

Written

c)

Speaking

d)

Listening

31.

Part of planning and organizing skills is to know how to break up work into smaller pieces and put them in order of importance. This skill is known as _______________________ .

a)

delegating

b)

prioritizing

c)

time management

d)

coordinating resources

32.

These are all good rules for ____________________ .

Separate your feelings from your actions

Stay calm

Wait until you are calm to respond

Write down your emotions

Stay positive

a)

making friends

b)

appropriate contact

c)

social skills

d)

controlling your emotions

33.

What are soft skills?

a)

skills you need to survive

b)

a computer game

c)

personality traits, attributes and skills that are needed in the workplace

34.

What does adaptability mean?

a)

the quality of being able to change to new conditions

b)

conveying information from one person to another

c)

doing the same thing everyday and never changing

35.

What does communication mean?

a)

the quality of being able to adjust to new conditions

b)

the ability to convey information to another person effectively and efficiently

c)

not telling your co-workers something really important

36.

Which one of these is NOT a soft skill?

a)

Leadership

b)

Cooking

c)

Communication

37.

Certificates from courses taken

a)

Hard

b)

Soft

38.

Is being a team player a hard skill or soft skill?

a)

Soft

b)

Hard

39.

Soft skills are usually related to your personality and your "people skills."

a)

True

b)

False

40.

If you are a great communicator, is that a hard skill or soft skill?

a)

soft

b)

Hard

41.

Which of these is not a hard skill?

a)

A college degree

b)

Creativity

c)

Proficiency in a foreign language

d)

Computer programming

42.

Hard skills will get you the job, but soft skills will allow you to keep the job.

a)

True

b)

False

43.
A business partnership has ___________ who share the risks and the profits.
a)
One owner
b)
No more than three owners
c)
Two or more owners
d)
Five or more owners
44.
What do we call a person who is willing to take the risks of starting a business in order to make a profit?
a)
Proprieter
b)
Partner
c)
Entrepreneur
d)
Incorporater
45.
Disadvantages for this type of business include: owner pays for everything, hard to get money to start from the bank, owner might lack skills & unlimited liability.
a)
Sole Proprietorship
b)
Partnership
c)
Corporation
d)
Franchise
46.
What is a major advantage of a business that is a partnership rather than a sole proprietorship?
a)
The responsibility for the business is shared
b)
The business is easy to set up
c)
The partners are not responsible for business debts
d)
The business is easy to sell
47.

What is a business owned by stockholders/investors but operated by others?

a)

Sole Proprietorship

b)

Partnership

c)

Corporation

d)

Limited Liability Partnership

48.

What is ONE advantage of a Corporation?

a)

Difficult to start

b)

Make all of the decisions

c)

Easy to raise money!

d)

Limited Life

49.

Disadvantages include limited life and

the potential for conflict between partners

a)

Sole Propriotorship

b)

Partnership

c)

Corporation

d)

Franchise

50.

Advantages include limited liability for owners, unlimited life, and ease of transfer of ownership.

a)

Sole Propriotorship

b)

Partnership

c)

Corporation

d)

Franchise

51.

Characteristics include owned by two or more people and may be general or limited

a)

Sole Propriotorship

b)

Partnership

c)

Corporation

d)

Franchise

52.
Partners who are only responsible up to the extent of their investment
a)
limited partnership
b)
trading partnership
c)
non-trading partnership
d)
special partnership
53.
A partnership in which all partners assume full personal liability for debts of the firm
a)
limited partnership
b)
trading partnership
c)
non-trading partnership
d)
general partnership
54.
Which of the following is a disadvantage of corporations:
a)
High taxes
b)
Unlimited life
c)
Unlimited liability
d)
financial power
55.
The owners of a corporation are called
a)
Directors
b)
Partners
c)
Shareholders
d)
Founders
56.

Most expensive to start

a)

Sole Proprietorship

b)

Partnership

c)

Corporation

d)

Limited Liability Partnership

57.

A _________ acts like business, but its purpose is to benefit society.

a)

Franchise

b)

Limited Liability Partnership

c)

Nonprofit organization

d)

corporation

58.

Sole proprietors have ____________, a situation in which a business owner is responsible for all the losses, debts, and other claims against the business.

a)

unlimited liability

b)

limited liability

c)

legal immunity

d)

dividend

59.

What is a franchise?

a)

a business in which the franchisor and the franchisee are family

b)

a business in which the franchisor allows the franchisee to sell a product or service under the franchisor's business name

c)

a business in which the employees have shares in

d)

a business with two or more departments

60.

Electrician

a)

Manufacturing

b)

Extracting

c)

Merchandising / Retailing

d)

Service

61.

Tyson Foods

a)

Manufacturing

b)

Extracting

c)

Merchandising / Retailing

d)

Service

62.

Which is not an advantage of corporations?

a)

Easy to raise capital

b)

Limited Liability

c)

Unlimited Life

d)

More Government Regulation

63.

A company that transforms cotton into wearable clothing is considered a ___________.

a)

raw-goods producer

b)

Processor

c)

service business

d)

builder

64.

A large retailer feels that it has a duty to contribute to the well-being of society, so it donates a portion of its proceeds to a charity that helps the environment. The retailer is demonstrating__________.

a)

social responsibility

b)

wholesaling

c)

voluntary chains

d)

e-tailing

65.

What do service businesses sell?

a)

Retail merchandise

b)

Raw goods

c)

Wholesale merchandise

d)

Intangible activities

66.

________ are precise statements of results a business expects to achieve.

a)

Goals

b)

Articles of incorporation

c)

Strategies

d)

Policies

67.

_____are descriptions of the way work should be done.

a)

Policies

b)

Procedures

c)

Mission Statement

d)

Goals

68.

_____ is money given to shareholders.

a)

Checks

b)

Dividends

c)

Income

d)

Stock

69.

The official term for "middleman."

a)

Manufacturer

b)

Intermediary

c)

Retailer

d)

Producer

70.

_____ are guidelines or rules for the business.

a)

Policies

b)

Procedures

c)

Mission statement

d)

Goals

71.

Which is a way to show transparency?

a)

XYZ Company makes sure its employees are taken care of.

b)

XYZ Company ensures that all its products are biodegradable.

c)

XYZ Company listens to multiple opinions before making a decision.

d)

XYZ Company is always upfront about the financial situation of the company.

72.

Tayshaun acts with honesty in all situations. He is demonstrating:

a)

accountability.

b)

integrity.

c)

respect.

d)

viability.

73.

Piper looks up to her new boss and tries to learn from her behavior as much as possible. However, Piper knows that some of her boss's actions are unethical. Piper is uncertain whether she should follow her boss's example. Which ethical dilemma is Piper facing?

a)

greed

b)

a bad role model

c)

pressure from others

d)

the desire to prove herself

74.

Which question should one ask himself/herself to determine whether one is facing a true ethical dilemma?

a)

Is there money at stake?

b)

Could someone be hurt by the actions?

c)

Does the action make me look good to others?

d)

Is my choice based on the most popular option?

75.

Jasmine thinks it is OK to steal a few things from work. Which ethical principle would help her realize that the long-term repercussions of her actions could create an ethical dilemma?

a)

fairness

b)

growth

c)

trustworthiness

d)

viability

76.

Shayla is not breaking any laws, but her behavior still is unethical. How is this possible?

a)

Because ethical means doing what is easiest.

b)

Because doing what is legal can also be considered unethical.

c)

Because doing what is easiest is sometimes what is considered unethical.

d)

Because the ethical thing to do is always what a group or majority is doing.

77.

When Tori considers taking something that belongs to someone else, which ethical principle could help her recognize that she is facing an ethical dilemma?

a)

accountability

b)

integrity

c)

transparency

d)

viability

78.

Liam always says 'please' and 'thank you'. He demonstrates:

a)

trust.

b)

respect.

c)

integrity.

d)

rule of law.

79.

What do service businesses sell?

a)

raw goods and services

b)

retail goods and services

c)

intangible goods and services

d)

wholesale goods and services

80.

A business that buys goods or services and sells them to the ultimate consumer is a:

a)

manufacturer.

b)

producer.

c)

retailer.

d)

wholesaler.

81.

The two main divisions of the trade industry are:

a)

producers and retailers.

b)

wholesalers and retailers.

c)

wholesalers and producers.

d)

manufacturers and wholesalers.

82.

A large retailer wants to contribute to the well-being of society. It donates 10% of its proceeds to a charity that helps the environment. The retailer is demonstrating:

a)

e-tailing.

b)

wholesaling.

c)

social responsibility.

d)

voluntary merchandise.

83.

Retailing occurs wherever goods are:

a)

researched and designed.

b)

created or manufactured.

c)

traded or exchanged for other goods.

d)

sold to consumers or the ultimate customer.

84.

Monte works for a grocery store that buys food from producers and then sells it to customers. The grocery store is an example of a:

a)

builder.

b)

trade industry.

c)

service business.

d)

raw-goods producer.

85.

All businesses should be socially responsible to whom?

a)

endorsers

b)

producers

c)

providers

d)

users