Business studies - unit 1 & 2

Question 1 of 25

2

define profitability and sustainability

Select one or more of the following:

profitability is the ability of a business to earn profit.
sustainability is to enhance and support something.
profitability is the act of attempting to earn profit.
sustainability is to ensure ongoing success.

Explanation

Question 2 of 25

2

select 5 key success factors:

Select one or more of the following:

thorough planning & monitoring internal and external environment.
exceeding the break-even point and examining income sheet.
effectively managing scarce resources, finances and employees.
open a new franchise, update technology and storefront appearance.

Explanation

Question 3 of 25

2

define 'entrepreneurial' :

Select one or more of the following:

entrepreneur: to become wealthy by creating a product.
entrepreneur: individual who starts, runs or owns a business to make profit. Successful entrepreneurs share similar attitudes, skills, values, behaviors and knowledge.
entrepreneur: individual who starts, runs or owns a business for money. Successful entrepreneurs share similar skills, values, behaviors and knowledge.

Explanation

Question 4 of 25

2

choose 6 characteristics of an entrepreneurial business :

Select one or more of the following:

optimistic mood, open to input and ideas, flexible and adaptable.
reflecting on own practices, persistence and perseverance, prepared to take calculated risks.
creates enjoyable environment for employees, examine all past practices, taking risks.
taking calculated risks, persevering and persisting, reflecting on each persons practices.

Explanation

Question 5 of 25

2

Select 4 tools used to evaluate a business:

Select one or more of the following:

perform SWOT analysis, collect qualitative data.
create questionnaires for all employees, collect data.
examine balance statement and income sheet.
examine balance sheet and income statement

Explanation

Question 6 of 25

2

define balance sheet & income statement:

Select one or more of the following:

income statement : document generated monthly/annually that reports earnings of a company, by stating all relevant income and all expenses that have been incurred to generate that income.
balance sheet : financial statement that lists assets, liabilities and equity of a company at a specific point in time to calculate profits.
balance sheet : financial statement that lists assets, liabilities and equity of a company at a specific point in time to calculate net worth.
income statement :document generated monthly/annually that reports earnings of a company, by stating all relevant income and all expenses of the business.

Explanation

Question 7 of 25

2

A citizen is an individual who belongs to a ❌ and enjoys ❌ associated with being a member of that community while also assuming certain ❌ and ❌.

Drag and drop to complete the text.

political community

continent

stable community

political environment

rights

perks

support

favours

responsibilities

tasks

crimes

duties

problems

roles

Explanation

Question 8 of 25

2

Select the 3 components of citizenship :

Select one or more of the following:

Describes a persons cultural identity
Describes a persons identical status
Describes a persons political status
Describes a persons identity
Describes a persons legal status

Explanation

Question 9 of 25

2

A persons rights are protected by the laws of the country.

Select one of the following:

True
False

Explanation

Question 10 of 25

2

A persons rights are protected by the ethics of the country.

Select one of the following:

True
False

Explanation

Question 11 of 25

2

some common civil responsibilities that apply to most countries :

Select one or more of the following:

pay taxes
attend work
attend school
comply with laws
enforce laws
attend university
respect rights of others
do duties

Explanation

Question 12 of 25

2

responsibilities citizens should undertake, that aren't legally enforceable :

Select one or more of the following:

vote in elections
protect natural environment
clean graveyards
take care of less fortunate people
offer money to beggers
promote social justice
arrest people
contribute to nation building

Explanation

Question 13 of 25

2

Fill the blank spaces to complete the text.

Corporate citizenship = a business undertakes to ensure that its wid is be to all. Businesses try to have a on

Explanation

Question 14 of 25

2

4 areas where activities undertaken by a business occur in : ❌, ❌, ❌, ❌.

Drag and drop to complete the text.

environment

nature

environmental

external

workplace

workspace

work area

office

building

marketplace

market

shop

customers

business

internal

community

society

nationwide

social place

Explanation

Question 15 of 25

2

Select from the dropdown lists to complete the text.

employees are most productive when they perform ( meaningful jobs, purposeful jobs, meaningless jobs, jobs that benefit them ), work in a ( healthy environment, bright environment, bright office, large working space ), feel empowered to ( express their opinions, speak their minds, give feedback, freely critisize, express their experiences ), are ( respected, loved, cared for, listened to ) and have a good balance between ( work and family life, work and relationships, work and sports, family life and studies, work and entertainment ).

Explanation

Question 16 of 25

2

businesses excel when they are located in a healthy community in which there is :

Select one or more of the following:

low crime rate
adequate education and health care
available skilled labour
strong economic activity
few criminals
enough schools and hospitals
employees available

Explanation

Question 17 of 25

2

integrity =

Select one of the following:

honesty and wholeness
loyalty and honesty
respect and wholeness
loyalty and respect

Explanation

Question 18 of 25

2

mindfulness =

Select one of the following:

to be aware of the impact its decisions and practices have both within and outside its offices
to be aware of the impact its decisions and practices have outside its offices
to be aware of the impact its decisions and practices have within its offices
to be aware of the influence its decisions and practices have both within and outside its offices

Explanation

Question 19 of 25

2

Fill the blank spaces to complete the text.

A business needs to create for employees to and .

Explanation

Question 20 of 25

2

NGO is a national government organisation

Select one of the following:

True
False

Explanation

Question 21 of 25

2

NGO is a non-governmental organisation

Select one of the following:

True
False

Explanation

Question 22 of 25

2

Fill the blank space to complete the text.

CBO = organisation

Explanation

Question 23 of 25

2

CBO's and NGO's...

Select one or more of the following:

have no connection to the government
are controlled by the state
are managed my members of the community
address issues which the community believes are important
address issues which are important to the country
are annually visited by government agencies

Explanation

Question 24 of 25

2

Companies that treat the environment with respect and take their role seriously will : reduce ❌, produce ❌ products/services, enjoy a high degree of ❌ from customers & suppliers and abide by environmental protection laws.

Drag and drop to complete the text.

wastes

cost

rubbish

damage

environmentally-friendly

cost effectve

satisfying

loyalty

purchases

kindness

Explanation

Question 25 of 25

2

differentiate between communism and socialism

Select one or more of the following:

socialism is an economic term used to describe a type of economic system where the state makes all the economic decisions about production and entrepreneurship.
communism is a political term used to describe a totalitarian one-party state, which is usually brought into existence through a revolution.
communism is a political term used to describe a totalitarian one-party state, which is usually brought into existence through a strike.
socialism is an political term used to describe a type of economic system where the state makes all the economic decisions about production and entrepreneurship.
communism is a economical term used to describe a totalitarian one-party state, which is usually brought into existence through a revolution.

	Created by love.ma.monkey over 9 years ago

entrepreneurial qualities & success factors + citizenship roles & responsibilities.

Business studies - unit 1 & 2

Business studies - unit 1 & 2

Question 1 of 25

define profitability and sustainability

Select one or more of the following:

Explanation

Question 2 of 25

select 5 key success factors:

Select one or more of the following:

Explanation

Question 3 of 25

define 'entrepreneurial' :

Select one or more of the following:

Explanation

Question 4 of 25

choose 6 characteristics of an entrepreneurial business :

Select one or more of the following:

Explanation

Question 5 of 25

Select 4 tools used to evaluate a business:

Select one or more of the following:

Explanation

Question 6 of 25

define balance sheet & income statement:

Select one or more of the following:

Explanation

Question 7 of 25

A citizen is an individual who belongs to a ❌ and enjoys ❌ associated with being a member of that community while also assuming certain ❌ and ❌.

Drag and drop to complete the text.

Explanation

Question 8 of 25

Select the 3 components of citizenship :

Select one or more of the following:

Explanation

Question 9 of 25

A persons rights are protected by the laws of the country.

Select one of the following:

Explanation

Question 10 of 25

A persons rights are protected by the ethics of the country.

Select one of the following:

Explanation

Question 11 of 25

some common civil responsibilities that apply to most countries :

Select one or more of the following:

Explanation

Question 12 of 25

responsibilities citizens should undertake, that aren't legally enforceable :

Select one or more of the following:

Explanation

Question 13 of 25

Fill the blank spaces to complete the text.

Corporate citizenship = a business undertakes to ensure that its wid is be to all. Businesses try to have a on

Explanation

Question 14 of 25

4 areas where activities undertaken by a business occur in : ❌, ❌, ❌, ❌.

Drag and drop to complete the text.

Explanation

Question 15 of 25

Select from the dropdown lists to complete the text.

Explanation

Question 16 of 25

businesses excel when they are located in a healthy community in which there is :

Select one or more of the following:

Explanation

Question 17 of 25

integrity =

Select one of the following:

Explanation

Question 18 of 25

mindfulness =

Select one of the following:

Explanation

Question 19 of 25

Fill the blank spaces to complete the text.

A business needs to create for employees to and .

Explanation

Question 20 of 25

NGO is a national government organisation