Are You Ready For A Business Studies Quiz? #2

15 Questions | By JessicaDavis | Updated: Mar 21, 2022 | Attempts: 155

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This Quiz is about all different types of parts of a company

Questions and Answers

1.

What is Out Sourcing?
- A.
  
  People you pay inside the Company
- B.
  
  People you pay from outside the company
- C.
  
  Anybody you pay that works for you
2.

How would you select staff to work in your business?
- A.
  
  By how much money they have.
- B.
  
  By their education level, if they are qualified for the job.
- C.
  
  By their sex.
- D.
  
  By race.
- E.
  
  By how they look.
3.

What does PAYG mean?
- A.
  
  Pay as you plan
- B.
  
  Pay as you go
- C.
  
  Pay as you want
4.

What is the only reason a business does not need to register its name?
- A.
  
  Business is named after the owner
- B.
  
  Don't wish to make the company public
- C.
  
  The business is already in operation and is changing its name
- D.
  
  The name is used by another business
5.

What does the ACCC stand for?
- A.
  
  Australian Current Consumer Corporation
- B.
  
  Australian Competition and Consumer Commission
- C.
  
  Australasian Corporation of Consumer Competition
- D.
  
  Australian Consumer Compensation Commission
6.

What is the official trademark symbol?
- A.
  
  (C)
- B.
  
  TM
- C.
  
  LTD
- D.
  
  PTY
7.

What is the maximum amount an individual can be fined for breaking the trade practices act?
- A.
  
  $250 000
- B.
  
  $400 000
- C.
  
  $120 000
- D.
  
  $500 000
8.

What are two options in the selection process for staff?
- A.
  
  Background checks and random phone calls
- B.
  
  Written tests and Application forms
- C.
  
  Application forms and Training
- D.
  
  Performance tests and home visits
9.

What is a main source of employees for business?
- A.
  
  Employee poaching
- B.
  
  Word of mouth
- C.
  
  Recruitment agencies
- D.
  
  Online ads
10.

Written tests assess:
- A.
  
  Aptitude, intelligence and ability
- B.
  
  Intelligence, ability and innovation
- C.
  
  Creativity, innovation and intelligence
- D.
  
  Ability, creativity and innovation
11.

What are the 2 types of government that levy taxes to business's:
- A.
  
  State and Federal Government
- B.
  
  Local Government and Federal Government
- C.
  
  Julia (ranga) Gillard and Tony (The Budgie Smuggler) Abbot
- D.
  
  Local and State Government
12.

What is not a type of Business Tax?
- A.
  
  Group Tax
- B.
  
  Fringe Benefits Tax
- C.
  
  Government Tax
- D.
  
  Goods and Services Tax
13.

If the group tax is aimed at the employees, does that mean it is directly taken from the wage or salary that they earn?
- A.
  
  Yes
- B.
  
  No
14.

Supply is the prime function of the business because it provides the necessary items needed to run the business where it is finished goods or raw material.
- A.
  
  True
- B.
  
  False
15.

Distribution networks is the process of.....
- A.
  
  Delivering the product to the customer.
- B.
  
  Making the product available to those who wish to purchase it.
- C.
  
  Receiving calls by customers for orders.