SS3 Commerce - Quiz
  • 1. Business management involves __________.
A) Planning, organizing, directing, and controlling
B) Hiring workers only
C) Making only profits
D) Only selling goods
  • 2. The main goal of business management is to __________.
A) Reduce staff
B) Avoid paying taxes
C) Maximize profits and achieve objectives
D) Produce only goods
  • 3. A person responsible for controlling business activities is called a __________.
A) Worker
B) Manager
C) Supplier
D) Customer
  • 4. Planning in business management involves __________.
A) Paying salaries
B) Selling products
C) Predicting the future and setting objectives
D) Buying machinery
  • 5. Controlling in management refers to __________.
A) Selling goods
B) Monitoring performance and taking corrective actions
C) Advertising
D) Hiring staff
  • 6. Organizing in management means __________.
A) Writing invoices
B) Buying raw materials
C) Arranging resources to achieve objectives
D) Supervising workers only
  • 7. Directing in business involves __________.
A) Advertising only
B) Selling goods
C) Preparing documents
D) Giving instructions and motivating staff
  • 8. Which of these is NOT a typical business department?
A) Marketing
B) Tourism
C) Accounting
D) Production
  • 9. The department responsible for keeping financial records is the __________ department.
A) Human resources
B) Marketing
C) Production
D) Accounts
  • 10. Human Resource department deals with __________.
A) Warehousing
B) Selling products
C) Buying raw materials
D) Hiring, training, and welfare of employees
  • 11. A business is socially responsible when it __________.
A) Provides safe products and supports the community
B) Maximizes profit only
C) Avoids taxes
D) Exploits workers
  • 12. Which of the following is a social responsibility of a business?
A) Paying low salaries
B) Environmental protection
C) Exploiting resources
D) Selling poor-quality goods
  • 13. The hierarchy of authority in a business is called __________.
A) Sales strategy
B) Marketing plan
C) Organization structure
D) Profit chart
  • 14. A diagram showing relationships among employees is called an __________.
A) Budget
B) Invoice
C) Business plan
D) Organization chart
  • 15. A tall organization has __________.
A) Many levels of management
B) No manager
C) Few levels of management
  • 16. A flat organization is characterized by __________.
A) No hierarchy
B) Many levels of management
C) Narrow span of control
D) Few levels of management and wide span of control
  • 17. Span of control refers to __________.
A) Number of subordinates a manager can supervise effectively
B) Total profit of a company
C) Number of departments in a business
D) Business capital
  • 18. A wide span of control means __________.
A) One manager supervises many employees
B) No managers
C) Many managers supervise few employees
D) One manager supervises few employees
  • 19. A narrow span of control is suitable for __________.
A) Retail trade
B) Small businesses only
C) Simple tasks
D) Complex tasks requiring close supervision
  • 20. Delegation of authority means __________.
A) Hiring employees
B) Assigning responsibility to subordinates
C) Paying staff
D) Selling goods
  • 21. Authority flows __________ in a business organization.
A) Randomly
B) Horizontally only
C) From top to bottom
D) From bottom to top
  • 22. Nationalization is the process by which __________.
A) Government sells businesses to private owners
B) Private business is taken over by the government
C) Employees control a company
D) Businesses merge voluntarily
  • 23. An advantage of nationalization is __________.
A) Businesses reduce production
B) High competition
C) Government controls essential services
D) Profit only
  • 24. A disadvantage of nationalization is __________.
A) Employee training
B) Bureaucracy and inefficiency
C) Wide coverage of services
D) High profit
  • 25. Nationalization is common in __________.
A) Retail trade
B) Public utilities and essential industries
C) Private companies
D) Small-scale business
  • 26. Social responsibilities of a business include __________.
A) Avoiding legal obligations
B) Ignoring safety standards
C) Paying taxes and supporting community programs
D) No idea
  • 27. The department responsible for promoting and selling goods is the __________.
A) Human resource department
B) Production department
C) Marketing department
D) Finance department
  • 28. Delegation helps managers to __________.
A) Avoid responsibility
B) Reduce workload and improve efficiency
C) Control sales only
D) Fire employees
  • 29. The main objective of business management is __________.
A) Achieving organizational goals efficiently and effectively
B) Selling goods at high price
C) Employing more people
D) Paying taxes only
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