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- 1. Multiple Choice
What is tendering about ?
Sending in a purchase order for goods and services.
Companies sending out marketing and
The process of inviting companies to make an offer, bid or proposal to carry out works.
- 2. Multiple Choice
You have discovered that the budget allocated will not be enough to purchase all of these items to the quantities that are required. What will you do?
Recommend an increase in the budget based on the best quality and most economical and effective choices you have identified
Recommend increase the items
Ask companies to reduce the prices of their products and the guarantee cost to accommodate your budget.
Recommend that only half of the items be bought now and the rest bought later on
- 3. Multiple Choice
Which of the following is not a business resource ?
a) Natural resources
b) Human Resources
c) Financial Resources
d) Saving Account
- 4. Multiple Choice
‘Business rules & guidelines’ would be considered
a) A policy
b) A Procedure.
c) A characteristics.
d) None of the above
- 5. Multiple Choice
A budget is ___________.
a) a list of what to buy at a store
b) a plan for managing your money. It compares how much you earn (make) to how much you spend
c) is things you shouldn't do
- 6. Multiple Choice
People create and keep a personal budget to help them
_____.
a) set and reach financial goals
b) apply for loan
c) buy anything they want
d) earn promotions at work
- 7. Multiple Choice
What is the purpose of maintaining Business Resources
a) To show good management
b) To make effective and efficient use of resources, so that business profits can
be maximized
c) To make more sales
d) To get good press reviews.
- 8. Multiple Choice
When giving advice, we should make it is always __________?
Clear, concise and relevant
A lot of information
About many topics
About the budget
- 9. Multiple Choice
Which is not a way to minimize misunderstandings?
•
Give information and advice verbally and in a written report you can leave with the receiver
•Stick to information/advice that is relevant
•Choose a quiet time and place to conduct the informing/advising and keep interruptions to a minimum
Talk quickly and without the necessary information
- 10. Multiple Choice
When choosing equipment or any resource, we should choose the option which is the _________________
cheapest
most cost effective
best quality
one you want
- 11. Multiple Choice
What is a good way to compare information?
Make lists
Writing a paragraph
A table
- 12. Multiple Choice
What does shortage mean?
Selling resources
Talking to suppliers
Not having enough of something
A team meeting
- 13. Multiple Choice
Which is not an example of an affect of staff shortage?
Customer complaint
Loss of customers
Stressed employees
More sales
- 14. Multiple Choice
Which is not a reason for developing resource handling procedures?
To optimise health and safety for the person/s handling the resources
To optimise health and safety for other workers on-site and for customers, consumers, clients and others
To minimise risks to air quality, water quality and the environment
To waste time
- 15. Multiple Choice
It is better to give information in small chunks than altogether.
True
False
- Answer choicesTagsAnswer choicesTags