BUSINESS
TEACHER SAMPLE EXAM
Q1
Which of the following are the objectives of financial management?
A
Increased profits, adequate
liquidity and effectiveness.
B
Market growth, increased profits,
market share and low debt.
C
Profitability, liquidity, growth,
efficiency and solvency.
D
Liquidity, profitability, effectiveness,
growth, and savings.
Q2
An employer plans to hold a meeting with his staff to inform them of a
new dress code. What management role is this employer implementing?
A
Technical
B
C
Interpersonal
D Informational
Q3
Decisional
A car mechanic providing a service is an example of which channel of
distribution?
A
Producer to customer.
B
Producer to retailer to customer.
C
Producer to wholesaler to retailer
to customer.
D
Producer to agent to wholesaler to
retailer to customer.
Q4
Which of the following best illustrates timing within the transformation
operations process?
A
Customer service
B
C
Critical path analysis
D Inventory totals
Q5
Computer assisted design
Which of the following is part of the financial planning cycle?
Ensuring that the business maintains
low liquidity levels
A
Distribution of payments
B
C
Determining financial elements of
the business plan
D Maximising financial risks and losses
Q6
Two companies have agreed to invest in an overseas business whereby
each company will own 50% of the new business. This is an example of
which of the following methods of expansion?
A
Takeover
B
C
Joint venture
D Merger
Q7
Strategic alliance
Which leadership style is most likely to be found in a para military
organis
A
Democratic
B
C
Autocratic
D None of the above
Q8
Collegial
A new soft drink company “Gen” wants its product available to
consumers to maximize its customer base. What distribution strategy is
this?
A
Intensive
B
C
Intermediate
D Niche
Q9
Selective
What are the four factors influencing customer choice?
A
Ethical, sociocultural, economic,
legal.
B
Technological, psychological, legal,
government.
C
Sociocultural, legal, government,
economic.
D
Government, sociocultural,
psychological, economic.
Q10
Which element of the marketing mix involves creating and maintaining
consumer awareness and interest in the output of a business?
A
Place
B
C
Price
D Product
Q11
Promotion
Which of the following has the highest risk for an importer?
A
Letter of Credit
B
Bill of exchange
C
Open account
D Clear advance payment
Q12
Which of the following refers to open and accountable business actions
based on respect for people?
A
Sales approach
B
C
Corporate social responsibility
D Production approach
Q13
Relationship marketing
An employer believes that conflict in the workplace is inevitable because
employees and employers have different interests. What is this
employer’s perspective on conflict?
A
Radical
B
C
Pluralist
D Unionism
Q14
Unitary
Increase demand for gold due to global financial insecurity causes a
gold-mining company to increase the number of people in their mines?
What type of influence on human resources was this?
A
Financial
B
C
Government
D Economic
Q15
Legal
Which of the following is a driver of globalisation?
Increase in subsidies for local
businesses
A
Innovative technology
B
C
Government increasing tariff
levels
D Global financial crisis