NCEA Level 2 Business Studies Practice Test

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• Which of the following best describes a democratic leadership style?
• What does supply chain management involve?
• Which agreement type allows different pay and conditions for individuals doing the same job?
• Which system aids in gathering data on business operations for better decision-making?
• Which term best describes the reduction of workforce numbers in a company?
• Why is monitoring competition important for businesses?
• In which scenario would a 'strike' most likely occur?
• Which of the following sectors is primarily concerned with extracting raw materials?
• What management theory emphasizes that there is a best way to perform tasks and suggests that managers should focus on controlling workers through pay?
• Which leadership style is characterized by one-way communication and strict control?
• What is the term for when workers deliberately reduce their work speed while completing tasks?
• What are the challenges faced by larger businesses due to their size known as?
• What do you call a person or group that has an interest or concern in a business?
• Which factor is considered a hygiene factor in Herzberg's theory?
• Which of the following best describes a merger?
• How is efficiency defined in a business context?
• What tax is taken from employees based on their earnings?
• What are internal controls designed to prevent?
• Which type of motivation is influenced by external factors such as cash?
• Which of the following is a method that indicates a country’s protection of its economy?
• Which of the following is a primary goal of performance management?
• What classification would fighting or theft in the workplace generally fall under?
• What does organic growth refer to in a business context?
• Which law is designed to protect consumers against misleading conduct and unfair selling practices?
• What is the primary role of a decision maker in an organization?
• What are factors called that do not directly motivate but can lead to demotivation if absent?
• What does diversification refer to in terms of business strategy?
• What is involved in performance management?
• What is defined as an action so severe that it results in immediate termination of employment?
• Which of the following best defines the term 'disciplinary action' in a business context?
• Which action involves workers refusing to leave their place of work as a form of protest?
• What does 'picketing' aim to achieve?
• What is a code of ethics?
• What does an income statement provide for a business?
• What action would most likely demonstrate opposition to an employer's decisions?
• What characterizes an employment agreement that has been negotiated by a trade union for all workers?
• What typically indicates an increase in productivity within a company?
• What term describes the strategy of a tertiary business starting to manufacture goods?
• What is the term for when workers refuse to work for a defined period to express grievances?
• What type of agreement specifies the terms of employment between an employer and a new hire?
• What is the term for motivation that originates from within a person?
• What do we call businesses that offer services rather than goods?
• What method incorporates different sectors of the economy into the business?
• Which sector includes businesses that grow, gather or extract raw materials?
• What is the focus of consumer behaviour analysis?
• Which law ensures consumers have guarantees about the quality of goods they purchase?
• What is a primary function of a trade union?
• What is the purpose of accounting internal controls?
• Which document outlines the flow of cash into and out of a business over a specific period of time?
• Which term is used when an employee's job is no longer required leading to their layoff?
• What term describes an illegal arrangement between businesses to set prices at a certain level?
• Which tax is levied on purchases made by consumers?
• In what way does Maslow's Hierarchy of Needs illustrate motivation?
• Which type of growth is not associated with external factors?
• In which leadership style is feedback from team members actively encouraged?
• What does protectionism refer to in a government context?
• What does the term 'dismissal' refer to in the workplace?
• Which aspect indicates a business's ability to generate income?
• Which of the following describes acting in a responsible way towards all stakeholders?
• What encompasses the buying and taking over of another business?
• What is the purpose of the Fairtrade movement?
• Which process involves a third party facilitating discussions to help two disputing parties reach an agreement?
• What is the Unique Selling Point (USP) of a product?
• What do actions taken by a business to gain customer attention represent?
• What does the term 'internal controls' specifically relate to?
• Which strategy combines forwards or backwards integration to promote growth?
• Which integration strategy involves primary businesses starting to manufacture goods?
• What is the goal of a 'sit-in' protest?
• What term is used to refer to the employees working in a business?
• What is a primary function of a business's Privacy Commissioner?
• What term encompasses the principles of right and wrong behavior in business?
• What government agency is responsible for tax collection and distribution of benefits in New Zealand?
• In business, what does the term 'efficiency' particularly relate to?
• What is the term for the process of setting goals for employees and monitoring their performance?
• What document reflects the financial position of a business, detailing its assets, liabilities, and equity?
• What is the role of a Privacy Officer in a business?
• What is the primary purpose of a Balance Sheet?
• Why is shrinkage a concern for businesses?
• What describes a situation where workers perform only the tasks specifically outlined in their employment contract without any extra effort?
• What is a significant benefit of implementing Management Information Systems?
• What is defined as a contract outlining the rights and obligations between an employer and employee?
• What is the term for when one business buys out another?
• What does internal growth in a business primarily involve?
• Which leadership style is least involved in directing team decisions?
• The leadership style termed 'paternalistic' is similar to which of the following?
• What action does internal controls NOT typically include?
• What does sustainability refer to in a business context?
• Which policy involves government intervention through taxation and spending?
• Which of the following describes operations management?
• Which type of motivation is primarily influenced by personal satisfaction and growth?
• What is the primary purpose of CAM in a business environment?
• What does vertical integration primarily focus on?
• Which of the following best defines the term 'market power'?
• What term describes a physical limit placed on the amount of imports allowed into a country?
• What type of employment agreement applies to just one individual?
• What term is used for bringing two conflicting parties together to resolve their differences, typically involving a third party?
• What is the process called when a business reduces the number of workers it employs?
• What term describes the practice of refusing to work with goods sourced from companies deemed unethical?
• What must businesses undergo to obtain consent for environmental changes?
• What is the term for a small amount of cash kept on hand for minor purchases?
• Which of the following is an example of external growth?
• What defines government policy in the context of economic decisions?
• Which term describes when a group negotiates for salary and conditions on behalf of workers?
• What term refers to the characteristics of a population, such as age and gender?
• What is defined as the percentage of all sales of a product that one business receives?
• What does job enrichment aim to achieve?
• Which term best describes a strategy that involves entering a completely new market with a new product?
• What is the term for primary businesses starting or acquiring another primary business?
• What term describes when one party is held legally responsible for the actions of another?
• Which of the following refers to factors like income and age in a population study?
• What is a likely advantage of being a market leader?
• What is a common implication of discriminatory practices in the workplace?
• Which of the following best describes a cartel?
• Who is responsible for enforcing the Privacy Act if companies violate it?
• What term describes putting pressure on the government to change their policies or laws?
• Which system is used to collect and analyze data for managerial decision-making?
• What strategy uses methods like acquisitions or mergers to expand a business?
• What is an example of industrial action?
• What effect does society have on businesses known as?
• Which term describes businesses that provide goods to consumers?
• What legislation is put in place to protect consumers from purchasing goods that are unsatisfactory?
• What is the main purpose of the Commerce Commission?
• Which of the following refers to the benefits larger businesses gain due to their size?
• Which form of negotiation involves representatives acting on behalf of a group?
• Which of the following is NOT an employment agreement type?
• What does networking mean in a business context?
• What model describes a progression from basic physiological needs to self-actualization?
• Which of the following leadership styles leaves workers to make their own decisions?
• What term describes the business that controls the largest market share in an industry?
• Vroom's Expectancy Theory explains that people assess what before committing to an action?
• What does GST stand for in relation to taxation?
• Which government department is responsible for consumer protection?
• What is cash management in a business?
• How would you describe a leader who is primarily inspirational?
• In the context of fiscal policy, what is 'spending' meant to influence?
• What is the term for the rate at which goods or services are produced?
• What is a defining feature of paternalistic leadership?
• Why is a Unique Selling Point (USP) crucial for a business?
• What kind of tax is imposed on imported goods?
• Which integration strategy is focused on businesses operating in the same sector?
• What is defined as a discussion where two parties try to reach an agreement?
• What does eCommerce primarily refer to?
• What does CAD stand for in a business context?
• What is referred to as the ability of consumers to purchase goods and services?
• What is the primary role of an Employment Tribunal?
• What does disposable income allow individuals to do?
• What term describes a business that operates under a well-known brand name?
• What term describes the act of taking stock or cash from a business through deception?
• Which of the following best describes the concept of profitability?
• What is the main risk associated with diseconomies of scale?
• What is a method for assessing a business's performance in terms of Corporate Social Responsibility (CSR)?
• What is typically the main purpose of lobbying in business?
• What is a document a business may need to apply for to make changes to the natural environment?
• What working arrangement offers employees flexibility in their working hours?
• According to Mayo's Theory, what enhances people's motivation?
• What is one outcome of conducting an ethical audit?
• In a workplace, what can unauthorized absences lead to?
• What term refers to unequal treatment of individuals based on personal characteristics such as race or gender?
• What is the purpose of job rotation in a business?
• What do we call businesses that sell similar or identical products?
• Which term best describes the financial strategy of managing income and expenses over time?
• What does job rotation provide to employees within an organization?
• What term describes the amount of cash a person or household has left after taxes and bills have been paid?
• What type of managers are described in McGregor's Theory X?
• What employment condition allows for cancellation of employment within the first three months if specified in the contract?
• What is the purpose of the Employment Relations Act in New Zealand?
• Which government department is responsible for enforcing the Privacy Act?
• What is the difference between arbitration and mediation?
• How can 'blacking' be described in labor relations?
• According to McClelland’s Theory, what are the three main motivators for workers?
• Which leadership style is most associated with a nurturing and supportive approach?
• What is the typical outcome of economies of scale for a business?
• Which of the following is NOT a component of McClelland's Theory?
• Which aspect does job enlargement focus on?
• Which New Zealand law focuses on protecting the natural resources?
• Which action involves workers protesting outside their workplace to hinder the business's operations?
• What action can a business take when an employee does not adhere to their employment conditions?
• In management theory, which approach is characterized by strict and authoritarian managers?
• What does wastage refer to in business?
• What is a main focus of the ethical behavior in business?
• Which concept involves adding responsibilities to a job to make it more challenging?
• What does consumer behaviour refer to?
• What is an ethical audit?
• Which term describes behavior that aligns with accepted principles of right and wrong in society?
• What does the Privacy Act aim to protect in New Zealand?
• Which of the following best describes eCommerce?
• What term refers to a business's inability to grow or progress?
• Which factors lead to a direct increase in motivation according to Herzberg?
• What is it called when an employee is absent from work for three consecutive days without notification?
• When companies come together to form a new joint venture, what is this process called?
• What is shrinkage in a business context?
• Which type of organization consists of businesses that produce similar products or services?
• Which theory describes managers as being more democratic and trusting?
• What is the name of a formal process where an independent third party helps dispute resolution between employees and employers?
• Which practice involves increasing the range of tasks performed by an employee?