Business Management quick practice

Question 1 of 10

A holding company is one that

A. is a bank B. only holds cash C. controls other companies by owning a majority of their shares D. sells holdings

Question 2 of 10

Transformational leaders mainly

A. rely on rewards and punishments only B. inspire followers with a shared vision C. avoid change D. micromanage

Question 3 of 10

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

A. wholesaler B. consumer C. producer D. broker

Question 4 of 10

The level of output at which total revenue equals total cost is the

A. profit point B. shutdown point C. margin of safety D. break-even point

Question 5 of 10

Equity finance comes from

A. selling shares B. bank loans C. overdrafts D. trade credit

Question 6 of 10

A benefit of multinational corporations to Ghana is

A. avoiding taxes B. sending all profits abroad C. driving out every local firm D. creating jobs and bringing in new technology

Question 7 of 10

The divorce of ownership from control occurs mainly in

A. sole proprietorships B. public limited companies C. small partnerships D. family businesses

Question 8 of 10

Unity of command means that each employee

A. commands others B. has many bosses C. reports to one superior D. works alone

Question 9 of 10

A trade union mainly aims to

A. protect the interests of workers B. increase company profits only C. recruit managers D. set prices

Question 10 of 10

Induction is

A. dismissing staff B. introducing new staff to the organisation C. promoting staff D. paying staff

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New set of questions

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

Past questions, worked solutions and curriculum-mapped study material for JHS and SHS students and teachers in Ghana.

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