MCQ Chapter 6 From Ideas to Startups Class 9 Social Science CBSE

1. What does human resources planning involve when starting a bakery?

Deciding the colour of product advertisements

Identifying the required staff, their skills, and training needs

Calculating only the selling price of cakes

Choosing the location without considering employees

Question 1 of 20

2. What should an entrepreneur consider when fixing the price of a product?

The owner's favourite colour

The number of advertisements alone

Business costs, expected profit, and affordability for customers

The amount of money competitors spend on office decoration

Question 2 of 20

3. Which activity is an example of business promotion or marketing?

Ignoring customers' preferences

Refusing to communicate with potential buyers

Avoiding all forms of product awareness

Advertising products through social media and posters

Question 3 of 20

4. Which of the following is a possible challenge faced by a bakery?

Rising raw material costs and changing customer preferences

Having a clear business plan

Maintaining consistent product quality

Understanding customer requirements

Question 4 of 20

5. How can online ordering help a bakery?

By eliminating the need to produce goods

By helping the bakery reach more customers

By making customer preferences irrelevant

By guaranteeing that no product will remain unsold

Question 5 of 20

6. How many key functional areas of a business are identified in the chapter?

Two

Three

Four

Six

Question 6 of 20

7. Which functional area is mainly responsible for planning, organising, and guiding business resources?

Marketing and sales

Human resources

Finance and accounting

Management and operations

Question 7 of 20

8. Which activity belongs to the operations function of a bakery?

Planning daily production and monitoring product quality

Preparing employee benefit policies only

Designing advertisements without considering production

Recording only the owner's personal expenses

Question 8 of 20

9. What is the main purpose of the finance function in a business?

To recruit every employee directly

To plan, obtain, and use funds effectively

To prepare advertisements exclusively

To manufacture products without considering costs

Question 9 of 20

10. What is accounting?

The process of manufacturing goods

The process of selecting a business location

The process of recording, organising, and reporting financial transactions

The process of advertising products on social media

Question 10 of 20

11. Which functional area is responsible for hiring and training employees?

Finance and accounting

Marketing and sales

Management and operations exclusively

Human resources

Question 11 of 20

12. What is the main objective of the marketing and sales function?

To create customer awareness and increase sales

To record every financial transaction exclusively

To manage employee benefits only

To repair equipment without considering customers

Question 12 of 20

13. Which functional area would primarily handle the training of bakery employees in hygiene standards?

Marketing and sales

Human resources

Finance and accounting

Advertising and promotion

Question 13 of 20

14. Which financial record shows whether a business has made a profit or a loss over a particular period?

Employee attendance register

Product advertisement

Profit and loss account

Customer feedback poster

Question 14 of 20

15. Which of the following is the correct formula for calculating profit?

Profit = Total Expenses + Total Revenue

Profit = Total Expenses − Total Revenue

Profit = Total Revenue × Total Expenses

Profit = Total Revenue − Total Expenses

Question 15 of 20

16. What is revenue in a business?

The total money earned from its main operations or sales of goods and services

The total money borrowed from employees

The amount spent exclusively on electricity

The total number of employees hired

Question 16 of 20

17. Which of the following is an example of a fixed cost?

Flour used for every additional loaf of bread

Rent for the bakery premises

Packaging required for each additional product

Raw materials used according to production volume

Question 17 of 20

18. Which of the following is an example of a variable cost?

Monthly rent that remains unchanged

A fixed insurance payment

Raw materials used to produce goods

A building expense that does not change with output

Question 18 of 20

19. What is meant by cash flow in business management?

The number of customers entering a shop

The total quantity of products stored in a warehouse

The number of employees working in a company

The movement of money into and out of a business

Question 19 of 20

20. A bakery earns ₹2,95,000 in revenue and has total expenses of ₹2,22,000 before tax.What is its profit before tax?

₹73,000

₹60,000

₹85,000

₹1,00,000

Question 20 of 20

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