Mo’allim Jama’ Primary and secondary School

Mid-term Examination (Academic Year 2023 – 2024)

Subject: BUSINESS Class: F – 1 Date: -----------/01/2024

Name: _________________________________________________________________________Reg

PART 1: Multiple choices, circle the letter with the correct answer

1- _____________ is the person who manages or is in charge of something.

a. Manager b. owner c. employee d. employer
2- _____ is the set of values, customs and traditions that are agreed upon by members of any group
a. Values b. Norms c. Culture d. Rules
3- The highest ranking executives responsible for the entire organization:-
a. Executive management b. top management c. middle management d. management
4- It refers to any activity of buying and selling of goods:-
a. Activity b. production c. Business d. none
5- ________is the act of getting people together to accomplish desired goals and objectives.
a. capital b. labor c. land d. management
6- ______ is the force that affects organizational performance.
a. Business environment b. goods c. business d. services
7- _______are the things that affect business from outside.
a. Human resource b. external environment c. product d. planning
8- _______the people who buy goods and services provided by the business.
a. Extraction b. processing c. customers d. trade
9- ________are other businesses that provide similar goods or services to the same customers as
your business.
a. Entrepreneurship b. economic resources c. business activities d. competitors
10- ______ is the principal that distinguishes what is right from what is wrong.
a. Business ethics b. Capital c. Customs d. Ethics
PART 2: TRUE AND FALSE, Write (YES) for True or Write (NO) for False
1- ( ) goods are tangible items provided by the business
2- ( ) Before starting business, one of the main decisions you will need to make is what
kind of business you will create.
3- ( ) middle management is the highest-ranking executives responsible for organization.
4- ( ) human acts, which can be physical or mental activities, are called trading.
5- ( ) every business that does not result in free and fair exchange of goods and services
are considered as Haram
6- ( ) business can perform without human efforts.
7- ( ) services are intangible items provided by the business.
8- ( ) the environment is the factors within (inside) or outside the organization that
directly or indirectly affects the existence of the business.
9- ( ) one source of Ethics of business organization is religion.
10- ( ) Ethics is requirement for human life.
PART 3: STRUCTURED QUESTIONS, answer ONLY FOUR of the following questions
1- Write the three levels of management.
2- Name the two types of business environment.
3- What is the difference between goods and services?
4- Name any three (3) main types of business organizations
5- Define business Ethics .
6- What are the sources of Ethics in business Organization ?
7- Describe the social responsibility towards customer, employee, environment and society.
8- Define values