Are You Ready For A Business Studies Quiz? #2

15 Questions | Attempts: 155
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Business Study Quizzes & Trivia

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.

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