Business Studies Worksheet Test
Business Studies Worksheet Test
Business Studies Worksheet Test
Test
Name :___________________________ Class: _______ Marks: ________
Question 1
Kim Chan has recently been on a management training course. He has learnt
that ‘work helps to satisfy human needs’. Kim went back to his father’s
business and told his father, Wu about the course. His father laughed and
said, ‘Nonsense. Money satisfies human needs. People only work to earn
money!’
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(b) Do you think that Kim’s father is correct in stating that ‘people only work for
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Question 2
Level (e)
Level (d)
Level (c)
Level (b)
Level (a)
Explanation:
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c) ………………………………………………………………………………………
d) ………………………………………………………………………………………
e) ………………………………………………………………………………………
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Question 3
Give four reasons why people work [4]
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Question 4
Give the definitions for the following terms (Financial rewards):
a) Wage: ………………………………………………………………………………
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b) Salary: ………………………………………………………………………………
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c) Commission: ………………………………………………………………………
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e) Bonus: ………………………………………………………………………………
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Question 5
Harry owns a pizza restaurant in a large city. Table 1 gives financial data for
Table 1
Harry pays his workers piece rates. Identify and explain one advantage and
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Advantage 1: …………………………………………………………………………
Explanation: …………………………………………………………………………..
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Advantage 2: …………………………………………………………………………
Explanation: …………………………………………………………………………..
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