Quiz  /  Business Studies Class 10 MCQ Questions With Answers

  • 1. 
    Total ltd is not only concerned about their financial position, but also about social & environmental therefore report on their.............performance

  • profitability
  • social
  • Porter's five forces
  • triple bottom line

  • 2. 
    The minimum number of directors in this type of company is one;

  • personal liability company
  • non-profit company
  • public company
  • state-owned company

  • 3. 
    What is overdraft.

  • drawing more money than the bank account owns.
  • taking out a loan for a house.
  • putting money into your bank account.

  • 4. 
    Buying out another business is an example of...

  • internal expansion.
  • eternal expansion.

  • 5. 
    Which of the following describes the money going into a business?

  • An input
  • Revenue
  • An output
  • None of these

  • 6. 
    Business cycle is also known as

  • Enterprise cycle
  • Full cycle
  • Trade cycle
  • Downturn

  • 7. 
    What does plc stand for

  • public limited company
  • private limited company.
  • peoples lovely companies
  • public liked company

  • 8. 
    The person who buys a franchise is called...

  • franchisor
  • franchisol
  • frachisee
  • franchisel

  • 9. 
    Imports are cheaper when...

  • the exchange rate is higher in your country.
  • exchange rate is lower in your country
  • exchange rate is higher in the country your importing from.

  • 10. 
    Expenses can be referred to as 'Overheads'.

  • True
  • False

  • 11. 
    What must enterprises do?

  • They must employ people of he community.
  • Deal with administrative task of a Union.
  • Look at workers performances.
  • They should develop detailed descriptions of each job

  • 12. 
    What is a sole trader?

  • A person who is the exclusive owner of a business.
  • Two people who own a business.
  • A group of people who own a business

  • 13. 
    A high costumer spending is.....

  • good for a business.
  • bad for a business.

  • 14. 
    Which industry sector is an advertising agency part of?

  • The primary sector
  • The secondary sector
  • The tertiary sector
  • None of these

  • 15. 
    The........ sector includes the production industry/ services that is offered by the business and consumers

  • quality control
  • primary
  • Government
  • secondary

  • 16. 
    The insurance industry forms part of the..... sector

  • Primary
  • Secondary
  • Tertiary
  • Informal

  • 17. 
    Which is NOT a reason why government intervene in the economy?

  • To protect individuals and groups
  • To provide essential industries and services
  • To control all business establishments
  • To help the economy to run smoothly and to protect employment

  • 18. 
    Which advertising tool the business use, when they advertise position within the business:

  • radio
  • newspaper
  • notice board
  • billboard

  • 19. 
    One of the recruitment resources is..

  • Recruitment agencies
  • Tertiary institutions
  • In-house employees
  • All of the above

  • 20. 
    Which 3 of the following costs would be considered as expenses?

  • Rent
  • Utility bills
  • Tax
  • All of above

  • 21. 
    Which 3 of these are costs?

  • Fixed
  • Variable
  • Operating
  • All of above

  • 22. 
    The reward for capital resources in a company is:

  • Rent
  • Salaries and wages
  • Interest
  • Profit

  • 23. 
    What is batch production.

  • making in bulk.
  • making the item when the order comes through.

  • 24. 
    Which industry sector are raw materials a part of?

  • The primary sector
  • The secondary sector
  • The tertiary sector
  • All of above

  • 25. 
    The human resources ( HR) is responsible for..

  • planning for a business future need for labour
  • the right workers in the right numbers, in the right places and the right time
  • A & B
  • the salary of the fabric foreman

  • 26. 
    What is a car an example of?

  • A cost
  • A service
  • A product
  • All of above
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