SUBJECT: INTRODUCTION TO BUSINESS (QSA 0274) and BUSINESS STUDIES (QSA 0294)
SECTION A: MULTIPLE CHOICE QUESTIONS (15 MARKS)
Instruction: Answer all questions. Circle the correct answers in the answer box provided.
Use pen.
1. When medical research indicated that a high-fiber diet might help reduce one’s risk of colon cancer, a few producers of fiber cereals suggested in their advertisements that if you eat fiber cereal, you will not get cancer. This is an example of
A. ethical persuasion.
B. social responsibility.
C. unethical communications.
D. an unethical organizational relationship.
2. What is the primary reason that so many new businesses fail?
A. Lack of brand-name recognition
B. Owner does not work hard enough
C. Inability to compete with well-established brand names
D. Mismanagement resulting from lack of business know-how
3. Steven Jobs and David Wozniak, the founders of Apple Computer, Inc., are creative, free-spirited individuals who decided that being corporate underlings was not what they wanted from a career. They had an innovative idea for a product and desired to create their own business based on this idea. All of the following are factors that could have led them to go into business except
A. the independence.
B. the desire to determine their own destiny.
C. the willingness to find and accept a challenge.
D. the low risk and high rewards inherent in entrepreneurship.
4. Bank Rakyat is evaluating the financial statements of Kawan Kawan Sdn. Bhd. to determine whether or not to approve a long-term loan to the company. Bank Rakyat is interested in these financial statements from the perspective of a
A. lender.
B. supplier.
C. stockholder.
D. government agency.
5. When a worker has to learn only a specific, highly specialized task, that individual should be able to learn to do it very