Entrepreneurship

QUIZ


Business Organization Quiz

Business Organization Quiz

This quiz is designed to assist Level 5 Tourism trainees in preparing for the upcoming National Examinations.

Prepared and designed by: OMOGUNWA EMMANUEL

Contact Number: +250782626710

Email: info@learncoga.online

1. What is one of the essential elements needed to establish a business?

2. True or False: Financial management ensures sustainability and profitability of a business.

3. The physical site where a business operates is called the business ______.

4. Licenses are to legal requirements as vehicles are to ______.

5. Match the term to its definition: Recruitment

6. Which factor influences the choice of a business location?

7. True or False: Centralised purchasing allows for flexibility in meeting local needs.

8. The document used to request materials needed for production is called a ______ requisition form.

9. Supplier selection is to purchasing as job analysis is to ______.

10. Match the term to its definition: Ethical conduct

11. What is a source of finance for a business start-up?

12. True or False: A positive organizational image enhances the ability to attract qualified candidates.

13. The process of acquiring goods and services for business operations is called ______.

14. Cash flow is to financial management as inventory is to ______ management.

15. Match the term to its definition: RACI Model

16. What is a purpose of maintaining good relationships with suppliers?

17. True or False: Bribery is an example of ethical conduct in business.

18. A document that outlines the steps involved in performing specific tasks is called a ______ manual.

19. Product promotion is to marketing as tour guiding is to ______.

20. Match the term to its definition: Product differentiation

21. Which is a method to optimize resource utilization?

22. True or False: Registering a business with the tax system allows eligibility for government contracts.

23. The process of improving a product to meet customer needs is called product and service ______.

24. Customer service is to satisfaction as marketing is to ______.

25. Match the term to its definition: Customer satisfaction

26. What is a type of customer need in the tourism industry?

27. True or False: Goods can be stored for future use, unlike services.

28. A written document summarizing daily business activities is called a ______ report.

29. Tour planner is to tour package as accountant is to ______.

30. Match the term to its definition: Business plan

31. What is a technique to determine customer preferences?

32. True or False: A high unemployment rate makes it harder to find candidates.

33. The legal process of making a business officially recognized is called business ______.

34. Quality control is to service standards as inventory management is to ______.

35. Match the term to its definition: Supplier

36. What is a consequence of unethical behavior in business?

37. True or False: A procedures manual ensures consistency in task performance.

38. The person ultimately responsible for a task in the RACI model is ______.

39. Advertising is to promotion as training is to ______.

40. Match the term to its definition: Marketing campaign

41. What is a type of business organization?

42. True or False: Customer complaints can damage a business’s reputation.

43. A planned gathering to discuss work-related matters is called an employee ______.

44. Daily report is to business activities as business plan is to ______.

45. Match the term to its definition: Quality control

46. What is a purpose of a business daily report?

47. True or False: Services are perishable and cannot be stored for future use.

48. The process of tracking money coming in and out of a business is called ______ flow management.

49. Customer loyalty is to good relationships as profitability is to ______.

50. Match the term to its definition: Tax registration

🎉 You’ve completed the quiz! Good luck on your exam! 🎉

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