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QUIZOMANIA ROUND 1

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is the primary goal of corporate social responsibility (CSR)?

a)

To enhance the well-being of society and environment

b)

To maximize profits at any cost

c)

To ignore ethical and community needs

d)

To reduce employee satisfaction

2.

Planning is a function of management that involves:

a)

Organizing resources

b)

Setting objectives and outlining how to achieve them

c)

Motivating employees

d)

Controlling activities

3.

Which financial statement shows a company’s profitability over a specific period?

a)

Income Statement

b)

Balance Sheet

c)

Cash Flow Statement

d)

Statement of Retained Earnings

4.

What is the basic accounting equation?

a)

Assets = Liabilities + Owner’s Equity

b)

Income = Assets + Liabilities

c)

Assets = Revenue - Expenses

d)

Equity = Liabilities - Assets

5.

What does “APR” stand for in credit card terms?

a)

Annual Payment Ratio

b)

Average Percentage Rate

c)

Annual Percentage Rate

d)

Annual Price Rate

6.

Who is known as the “father of modern management”?

a)

Peter Drucker

b)

Henri Fayol

c)

Frederick Taylor

d)

Mary Parker Follett

7.

What is the term for the percentage of income paid as tax that increases as income rises?

a)

Regressive tax

b)

Proportional tax

c)

Flat tax

d)

Progressive tax

8.

Which leadership style involves making decisions without consulting them?

a)

Democratic

b)

Autocratic

c)

Laissez-Faire

d)

Transformational

9.

Which country hosted the 2024 Summer Olympics?

a)

Japan

b)

United States

c)

France

d)

Germany

10.

Who is known as the "Father of Economics"?

a)

Adam Smith

b)

Karl Marx

c)

Alfred Marshall

d)

John Maynard Keynes

11.

In a SWOT Analysis, what does 'O' stand for?

a)

Obstacles

b)

Opportunities

c)

Outcomes

d)

Objectives

12.

Which company's logo is called the "Golden Arches"?

a)

Burger King

b)

Starbucks

c)

McDonald's

d)

Subway

13.

What was the primary cause of the 2023 banking crisis in the U.S.?

a)

Poor government regulation

b)

Aggressive interest rate hikes

c)

Cryptocurrency market collapse

d)

Global trade war

14.

Guess the Company's Name

a)

Crocs

b)

Lacoste

c)

Puma

d)

Adidas

15.

Which country became the world's largest economy based on purchasing power parity (PPP) in 2024?

a)

United States

b)

India

c)

China

d)

Japan