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SS3 Commerce - Quiz
Contributed by: Obalanlege
  • 1. Business management involves __________.
A) Only selling goods
B) Planning, organizing, directing, and controlling
C) Making only profits
D) Hiring workers only
  • 2. The main goal of business management is to __________.
A) Maximize profits and achieve objectives
B) Avoid paying taxes
C) Produce only goods
D) Reduce staff
  • 3. A person responsible for controlling business activities is called a __________.
A) Manager
B) Customer
C) Supplier
D) Worker
  • 4. Planning in business management involves __________.
A) Predicting the future and setting objectives
B) Paying salaries
C) Selling products
D) Buying machinery
  • 5. Controlling in management refers to __________.
A) Advertising
B) Hiring staff
C) Monitoring performance and taking corrective actions
D) Selling goods
  • 6. Organizing in management means __________.
A) Writing invoices
B) Arranging resources to achieve objectives
C) Supervising workers only
D) Buying raw materials
  • 7. Directing in business involves __________.
A) Selling goods
B) Preparing documents
C) Giving instructions and motivating staff
D) Advertising only
  • 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) Hiring, training, and welfare of employees
C) Buying raw materials
D) Selling products
  • 11. A business is socially responsible when it __________.
A) Provides safe products and supports the community
B) Avoids taxes
C) Maximizes profit only
D) Exploits workers
  • 12. Which of the following is a social responsibility of a business?
A) Exploiting resources
B) Selling poor-quality goods
C) Environmental protection
D) Paying low salaries
  • 13. The hierarchy of authority in a business is called __________.
A) Marketing plan
B) Organization structure
C) Profit chart
D) Sales strategy
  • 14. A diagram showing relationships among employees is called an __________.
A) Business plan
B) Organization chart
C) Invoice
D) Budget
  • 15. A tall organization has __________.
A) Many levels of management
B) Few levels of management
C) No manager
  • 16. A flat organization is characterized by __________.
A) No hierarchy
B) Few levels of management and wide span of control
C) Narrow span of control
D) Many levels of management
  • 17. Span of control refers to __________.
A) Number of subordinates a manager can supervise effectively
B) Business capital
C) Number of departments in a business
D) Total profit of a company
  • 18. A wide span of control means __________.
A) One manager supervises few employees
B) Many managers supervise few employees
C) No managers
D) One manager supervises many employees
  • 19. A narrow span of control is suitable for __________.
A) Complex tasks requiring close supervision
B) Small businesses only
C) Retail trade
D) Simple tasks
  • 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) From top to bottom
B) From bottom to top
C) Horizontally only
D) Randomly
  • 22. Nationalization is the process by which __________.
A) Government sells businesses to private owners
B) Employees control a company
C) Businesses merge voluntarily
D) Private business is taken over by the government
  • 23. An advantage of nationalization is __________.
A) Businesses reduce production
B) High competition
C) Profit only
D) Government controls essential services
  • 24. A disadvantage of nationalization is __________.
A) Employee training
B) Wide coverage of services
C) Bureaucracy and inefficiency
D) High profit
  • 25. Nationalization is common in __________.
A) Private companies
B) Public utilities and essential industries
C) Small-scale business
D) Retail trade
  • 26. Social responsibilities of a business include __________.
A) No idea
B) Paying taxes and supporting community programs
C) Avoiding legal obligations
D) Ignoring safety standards
  • 27. The department responsible for promoting and selling goods is the __________.
A) Human resource department
B) Finance department
C) Production department
D) Marketing department
  • 28. Delegation helps managers to __________.
A) Avoid responsibility
B) Control sales only
C) Fire employees
D) Reduce workload and improve efficiency
  • 29. The main objective of business management is __________.
A) Selling goods at high price
B) Paying taxes only
C) Achieving organizational goals efficiently and effectively
D) Employing more people
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