Business Studies Quiz

True/False: External stakeholders are usually not involved in the day-to-day operations of a company.

• True

• False

Company LMN is considering outsourcing production. This decision primarily concerns which external stakeholder?

• Shareholders

• Local government

• Suppliers

• Customers

True/False: In marketing, the main focus is always on increasing immediate sales.

• True

• False

A company introduces a virtual reality experience in its advertising. Is this a marketing or sales promotion strategy?

• Marketing

• Sales Promotion

• Both

• Neither

True/False: Deferred revenue expenditure is recorded as an asset on the balance sheet.

• True

• False

A company refinances its debt to lower interest rates. How should this be reflected in the financial statements?

• As an expense in the profit and loss account

• As a liability reduction in the balance sheet

• As an asset in the balance sheet

• It does not affect the financial statements

True/False: The primary function of HR is to handle payroll and benefits administration.

• True

• False

Company XYZ implements a policy for flexible work hours. This policy mainly addresses which aspect of HR?

• Employee engagement

• Compensation management

• Performance management

• Workforce planning

True/False: Rail transportation is most efficient for high-value, low-volume goods.

• True

• False

A business needs to minimize transportation costs for bulky, non-perishable goods. Which mode is best?

• Air

• Sea

• Road

• Rail