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Business Management and Enterprise
Environments UNIT 2 BME QUIZ © Criddle, Hinton, Nizam
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Welcome to the quiz for Unit 1BBME
You will be given 10 multiple choice questions Click on the correct answer Use the links to navigate through the test To finish the test you must answer all the questions correctly Are you ready? © Criddle, Hinton, Nizam
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Question 1 What are customs? Societies unwritten rules and traditions
Enduring moral beliefs Legal norms © Criddle, Hinton, Nizam
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You are correct Question 2 © Criddle, Hinton, Nizam
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Question 2 What is the impact of consumer confidence?
Determines whether someone will make a speech It affects spending and the willingness to increase debt to buy more Affects what people will eat © Criddle, Hinton, Nizam
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You are correct Question 3 © Criddle, Hinton, Nizam
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Question 3 What is an example of social norms? Morals Diversity GDP
© Criddle, Hinton, Nizam
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You are correct Question 4 © Criddle, Hinton, Nizam
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Question 4 How would you use the ASIC Form 201?
Govern how a partnership operates Record all taxes paid and collected Apply to register a company © Criddle, Hinton, Nizam
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You are correct Question 5 © Criddle, Hinton, Nizam
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Question 5 What is a prospectus? A form to register a business name
A document that provides details of a company to potential investors A potential investor in a company © Criddle, Hinton, Nizam
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You are correct Question 6 © Criddle, Hinton, Nizam
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Question 6 The ACCC administers which Act?
Equal Employment Opportunity Act Trade Practices Act Occupational Health and Safety Act © Criddle, Hinton, Nizam
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You are correct Question 7 © Criddle, Hinton, Nizam
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Question 7 What is income splitting?
When partners share business costs When a legal structure is used to minimise tax When income is earned from a variety of investments © Criddle, Hinton, Nizam
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You are correct Question 8 © Criddle, Hinton, Nizam
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Question 8 How do you measure efficiency? Look at the profit level
Look at costs Compare inputs to outputs © Criddle, Hinton, Nizam
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You are correct Question 9 © Criddle, Hinton, Nizam
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Question 9 Which one is an example of viral marketing?
When advertisements are inserted into the s you send to friends Advertising for pharmaceuticals Ads embedded in a PC games © Criddle, Hinton, Nizam
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You are correct Question 10 © Criddle, Hinton, Nizam
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Question 10 How does Just-in-Time inventory management work?
A business tries to anticipate what customers want and orders the goods A supply of stock is kept on hand to make sure orders can be filled at any time Goods are ordered in as a customer requests it instead of keeping a supply in stock © Criddle, Hinton, Nizam
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You are correct Congratulations © Criddle, Hinton, Nizam
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Congratulations! You have finished the test © Criddle, Hinton, Nizam
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