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OtisamLMS
Business Management Mock 2026

WASSCE style · Exam mode

Business Management Mock 2026

Question 1 of 50

Question 1 of 50

A business owned and controlled by one person is a

Question 2 of 50

Question 2 of 50

A major disadvantage of a sole proprietorship is

Question 3 of 50

Question 3 of 50

Shareholders of a limited liability company enjoy

Question 4 of 50

Question 4 of 50

A business owned and managed by members for their mutual benefit is a

Question 5 of 50

Question 5 of 50

The management function of setting objectives and deciding how to achieve them is

Question 6 of 50

Question 6 of 50

A leadership style in which the leader makes all decisions without consulting staff is

Question 7 of 50

Question 7 of 50

Introducing a new employee to the organisation and the job is called

Question 8 of 50

Question 8 of 50

Training given to workers while they do their actual jobs is

Question 9 of 50

Question 9 of 50

The four Ps of the marketing mix are

Question 10 of 50

Question 10 of 50

A middleman who buys goods in bulk from manufacturers and sells in smaller quantities to retailers is a

Question 11 of 50

Question 11 of 50

A business owned and run by the state is a

Question 12 of 50

Question 12 of 50

Comparing actual performance with planned targets and correcting deviations is

Question 13 of 50

Question 13 of 50

The "father of scientific management" is

Question 14 of 50

Question 14 of 50

The principle that each employee should receive orders from only one superior is

Question 15 of 50

Question 15 of 50

The number of subordinates a manager supervises directly is the

Question 16 of 50

Question 16 of 50

According to Maslow, the highest level of human needs is

Question 17 of 50

Question 17 of 50

Passing authority to a subordinate to carry out a task is

Question 18 of 50

Question 18 of 50

The process of attracting suitable candidates to apply for a job is

Question 19 of 50

Question 19 of 50

Dividing a market into groups of customers with similar needs is

Question 20 of 50

Question 20 of 50

The document that sets out the relationship between a company and the outside world is the

Question 21 of 50

Question 21 of 50

The document that governs the internal running of a company is the

Question 22 of 50

Question 22 of 50

Setting a low price to gain a large market share quickly is

Question 23 of 50

Question 23 of 50

A business has fixed costs of GH₵ 6,000. Each unit sells for GH₵ 10 and has a variable cost of GH₵ 7. Find the break-even quantity.

Question 24 of 50

Question 24 of 50

The government agency where businesses in Ghana are registered is the

Question 25 of 50

Question 25 of 50

A contract made with a person below 18 is generally

Question 26 of 50

Question 26 of 50

A shop displaying goods with price tags is making

Question 27 of 50

Question 27 of 50

The marketing mix extended for services adds people, process and

Question 28 of 50

Question 28 of 50

According to Herzberg, salary and working conditions are

Question 29 of 50

Question 29 of 50

McGregor's Theory Y assumes that workers

Question 30 of 50

Question 30 of 50

An invitation to treat, such as goods displayed in a shop window, is

Question 31 of 50

Question 31 of 50

A contract with a minor for non-necessaries is generally

Question 32 of 50

Question 32 of 50

The document that sets out the internal rules of a company is the

Question 33 of 50

Question 33 of 50

Herzberg's hygiene factors include

Question 34 of 50

Question 34 of 50

Dismissal of an employee for serious misconduct is called

Question 35 of 50

Question 35 of 50

A firm with current assets GH¢60,000 and current liabilities GH¢40,000 has working capital of

Question 36 of 50

Question 36 of 50

A major advantage of a public limited company over a partnership is

Question 37 of 50

Question 37 of 50

A holding company is one that

Question 38 of 50

Question 38 of 50

F. W. Taylor is associated with

Question 39 of 50

Question 39 of 50

McGregor's Theory X assumes that workers

Question 40 of 50

Question 40 of 50

Management by objectives (MBO) involves

Question 41 of 50

Question 41 of 50

Maslow's highest level of needs is

Question 42 of 50

Question 42 of 50

Collective bargaining is negotiation between

Question 43 of 50

Question 43 of 50

A product in the maturity stage of its life cycle typically has

Question 44 of 50

Question 44 of 50

Psychological pricing such as GH¢9.99 aims to

Question 45 of 50

Question 45 of 50

The divorce of ownership from control occurs mainly in

Question 46 of 50

Question 46 of 50

The Hawthorne studies led to the

Question 47 of 50

Question 47 of 50

Herzberg's motivators include

Question 48 of 50

Question 48 of 50

The Boston Matrix classifies a product with high market share in a low-growth market as a

Question 49 of 50

Question 49 of 50

Factoring involves a business

Question 50 of 50

Question 50 of 50

A disadvantage of financing with debentures is that

Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.