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WorksheetsPOB Form 4 Revision for Trinity Term (Fill in the Blanks)
Total questions: 25
Worksheet time: 13mins
The management function that involves setting goals and deciding how to achieve them is called (a) .
An (a) structure shows the levels of authority and job roles within a business.
A ________ ____ is a written document that outlines the goals, strategies, and financial forecast of a business.
(a)
The ________ ______ department is responsible for recruiting and training staff.
(a)
A (a) is formed when two or twenty persons agree to operate a business together
A sole trader business has (a) owner.
The function of management that involves encouraging employees to achieve goals is called (a) .
The legal document that governs a partnership is the ________ _____ agreement.
(a)
The production department is responsible for converting ____ _____into finished goods.
(a)
(a) is the process of dividing tasks among workers to improve efficiency.
A ________ _____ is an organization that represents workers' rights and interests.
(a)
When employees refuse to work due to a grievance, it is called a (a) .
A voluntary business owned by members is known as a (a)
Barriers to communication between workers are often caused by (a)
The function of management that involves assigning tasks and allocating resources is (a) .
A (a) manager supervises specific departments like marketing or finance.
A (a) leader gives clear orders and expects them to be followed without input.
The process of resolving conflict through discussion and compromise is (a) .
One advantage of a (a) structure is that decision-making is quick and clear.
An (a) refers to the way a country organizes the production, distribution, and consumption of scarce resources.
A (a) economy is one where decisions are made by individuals and or private businesses.
The economic problem of (a) arises because resources are limited but wants are unlimited.
A (a) is a business arrangement where a person buys the rights to operate under an established brand name.
Multinational companies benefit from economies of (a) , which reduce their production costs.
One disadvantage of a franchise is the lack of (a) , as franchisees must follow strict guidelines.
