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#businessstudies #Term 1 #Grade10
Flashcards
16 cards
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Practice quiz
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Questions
16
Answers
1
What is the word to use when a manager allows others to carry out work on his behalf?
Overwork
Selfish
Advantage
Delegate
2
What do we call money used to start a business?
Start-up Capital
wages
rent
profit
3
Which organizations control and define labor practices in a business?
OWLAG
United Nations
Unions
World Wide Fund for Nature
4
Which level of management controls the people and processes?
Top management
Confused management
Middle management
low management
5
What do we call the people that link the micro environment to the market environment?
Administration
Production
Intermediaries
Suppliers
6
Which level of management deals with operational matters?
Lower management
Middle Management
Capital
Top Management
7
What is another name for the market environment
Industry environment
Micro environment
Market environment
Advertising environment
8
Who provides the raw materials and other services to a business?
Suppliers
America
Middle management
Buyers
9
Who makes up top management?
Executives
Head of Departments
Marketing manager
Supervisors
10
Which level of management is responsible for strategic policies?
Top management
Labour
Middle management
Low management
11
What is the word used when more money than is available is drawn out of a bank account?
Overdraft
Abovedraft
Loss
Insufficient
12
What is another name for middle management
Functional management
General management
Middle management
Entrepreneur
13
Which level of management is responsible for strategic policies?
Low management
Middle management
Labour
Top management
14
What is another word for customers?
Investors
Directors
Consumer
Suppliers
15
Who is the most famous regulator of a business in any country?
Owners
Workers
Government
Business
16
When an entrepreneur borrows money from the bank, what is it called?
Profit
Angel loan
Innovation
Bank Loan
