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which one of the following refers to managers giving information or instructions to their subordinates
A Upward communication
B Downward communication
C Straightforward communication
D Horizontal communication
B Downward communication
which one of the following document that shows clearly the tasks, duties and responsibilities expected of a worker for a particular job
A Job description
B Job annoucement
C Job advertisement
D Job enlargement
A job description
Which one of the following is a loan where there are no assets to which the lender has a right if the borrower does not make repayments.
A bank loan
B Secured loan
C Unsecured loan
D Unfair dismissal
unsecured loans
Which one of the following is the long term finance?
A Bank overdraft
B Trade payable
C Mortgage
D Retained profit
C Mortgage
4 Which one of the following expressions is true?
A Profit = TC + TR
B Average cost = FC ÷ Q
C TR = P x FC
D Profit = TR – TC
D Profit = TR – TC
which one of the following is can be used by management to find out what people ‘feel’?
A Grape
A Formal communication
C Grapevine
D Melonvine
C Grapevine
Which one of the folloiwng document used by a job seeker that lists personal details, qualifications, work experience, referees and other details
A Elevator pitch
B Executive summary
C Job descriptor
D Curriculum vitae
D Curriculum vitae
Which one of the following is a group of countries situated in the same region that join together and enjoy trade free of barriers？
A Union
B Social enterprise
C Trade bloc
D United States
C Trade bloc
Which of the following would help to satisfy esteem needs at work?
A Higher pay
B Opportunities to be creative
C Improve supervision
D More praise from senior staf
D More praise from senior staf
Which of the following is level of output where total costs and total revenue are exactly the same: neither a profit nor a loss is made
A Maximize point
B Break balance point
C Profit loss point
D Break even point
D Break even point
Identify what is Mentoring?
Mentoring
A trainee is paired with an experienced member of staff for a given period. The trainee is put to work on their own without direct supervision where employees alternate between different jobs during the course of their employment but can call on the mentor for advice and guidance.
Which one of the following is the first stage in the recruitment process?
A Launch job advertisement
B Identify the type and number of staff needed
C Job enrichement
D Promotion
B Identify the type and number of staff needed
Which one of the following is the profit held by a business rather than returning it to the owners and which may be used in the future?
A Internal finance
B Personal savings
C Retained profit
D Selling assets
C Retained profit
Which of the following is the difference between cash inflows and cash outflows?
A Nut cash flow
B Pure cash flow
C Net cash flow
D Cash flow forecast
C Net cash flow
Please list 3 elements of calculating a Break even point
◼ fixed cost ◼ variable cost per unit ◼ selling price per unit.
An area of ground that has never been used for urban development is called?
A Brownfield site B Enterprise zone C Science park D Greenfield site
D Greenfield site
Which of the following sector does mining and quarrying fall into?
A Primary sector
B Secondary sector
C Tertiary sector
D Fourth sector
A Primary sector
Which one of the following is an internal source of finance?
A Bank loan
B Selling unwanted assets
C Share capital
D Trade payable
B Selling unwanted assets
Which of the following is an example of a cash inflow?
A Wages
B Cash sales
C Rent
D Interest paid
B Cash sales
Which one of the following is the amount of output available to be sold above the break-even point where the business makes a profit
A Profit margin
B Margin of safety
C Gross profit margin
D Dividend
B Margin of safety
Which of the following is most likely to be a barrier to communication?
A Barriers to entry
B The use of jargon
C Employing a flat organisational structure
D Heavy reliance on electronic means of communication
B The use of jargon
Which one of the following refers to favouring one person over another, for example, in the EU it is unlawful to discriminate on grounds of race, religion, gender, age, sexual orientation and disability
A Redundancy
B Discrimination
C Consultation
D Differentiate
B Discrimination
Which one of the following is a business can spend more money than it has in its account
A Unsecured loan
B Trade payable
C Bank overdraft
D Alan walker
C Bank overdraft
Total cost= fixed cost+variable cost
Which one of the following is the training given to new emloyees when they first start a job?
A off the job training
B Induction training
C on the job training
D Quota
B Induction training