2019 JUEPB BUSINESS STUDIES – Multiple Choice Questions

When businesses operate across borders, it is classified as

The allocation of cost of a tangible asset over its useful life is known as

Which of the following is NOT a stakeholder of a business enterprise?

The process by which the government takes over the ownership and control of an existing private business is called _____________

An ordinary partner has

According to Peter Drucker (1954), the essential  purpose of business is ________

Communication is efficient when

Owners of unincorporated businesses have

Environmental constraints to business includes the following EXCEPT

The document that extends invitation to subscribe for shares publicly is

Consumers services can be regarded as _________

To become a shareholder in a company, an individual must _______

The service provided by a barber is called

________ structure encourages diversification products

_____ is a major disadvantage of sole proprietorship.

Financial instruments used for raising long ten finance by owners include _____

Finance for working capital requirements is source by ______ credit.

Liquidity ratios include

A cost layering method for managing inventory

The most liquid asset is _________

Which of the following statements is CORRECT?

_________ concerns a business’s reliance on long-term debt finance.

The market where money is borrowed for a short time is called ______________

Intermediate capital is also known as

All of the following are sources of fund in a privately owned company EXCEPT

Creditors use accounting information for the purpose of

The allocation of cost of a tangible asset over its useful life is known as ________

Working Capital is needed in a business for

The purpose of job enrichment is to __________

Functional managers are responsible _________________

The most important resource in business is __________

The assumption about the nature of human beings in an organization is traced to

All of the following are functions of marketing EXCEPT ___________

Which of the following motivation is the most basic need in Maslow’s hierarchy?

Emotional intelligence can BEST be described as __________

The two-factor theory of motivation was originated by

One of the following is a component of marketing mix.

is a management function that ensure that effort is coordinated towards tasks accomplishment.

The major purpose of establishing control in the workplace is to __________

Competing on the basis of price means that ____________

_________ provides foundation for policies and procedures in an organization.

__________ defines the role that an organization plays in the society.

The extent to which a product or service may be customized is called _________

All of the following are methods of measuring efficiency EXCEPT _________

One of the purposes of inventory management is to _________

The models of relationship between businesses and environment are

The difference between vision and mission statement of an organization is __________

Strategic management process ends with ________________

The PEST analysis is concerned with ___________

Getting most output from least amount of inputs minimize cost is ___________