Business Management
Nature of business, management functions, finance and communication for WASSCE.
About Business Management on DigiTransact Mastermind
Nature of business, management functions, finance and communication for WASSCE.
Each of the 14 Business Management skills carries its own SmartScore from 0 to 100, so progress is measured per topic rather than as one overall grade.
All 89 Business Management questions come with the written reasoning behind the answer, so a wrong attempt still teaches the method.
Business Management work is filed under Senior High, University, so you only see sets that match the stage you are studying.
Education levels covered
SHS 1 to 3 (Grades 10 to 12 / High School) - Towards the WASSCE
12 Business Management skills at this level
Tertiary and college foundations - Advanced study
2 Business Management skills at this level
Relevant curricula and exams
Based on the education levels this subject covers on the platform.
Curriculum notes are a general guide to where this work normally sits. Always check the syllabus your school or examination body is currently using.
Learning outcomes
After working through the Business Management practice sets you should be able to:
- Business Basics and Types: The meaning of business and the main forms of business ownership.
- Functions of Management: Planning, organising, staffing, leading and controlling.
- Business Finance: Sources of finance, capital, profit and business records.
- Entrepreneurship and Small Business: The entrepreneur, the business plan and starting a small business in Ghana.
- Objectives Set A: WASSCE-style objective questions on business management.
- Principles of Management: The four functions of management, decision-making and organisational structure.
Sample questions
Real questions taken from the Business Management question bank, shown with the working learners see after answering.
A person who sets up a business and takes on the risk in the hope of profit is a(n):
- Entrepreneur
- Employee
- Creditor
- Auditor
Working: An entrepreneur organises resources and bears the risk of a business venture in the hope of making a profit.
A business owned and controlled by one person is a...
- partnership
- sole proprietorship
- limited company
- cooperative
Working: A sole proprietorship is owned and run by a single individual who bears the risks and takes the profit.
The four basic functions of management are planning, organising, leading and
- controlling
- advertising
- auditing
- exporting
Working: Managers plan, organise, lead and control resources to achieve organisational goals.
Main topics and skills
Business Management is organised into 6 topic groups covering 14 practice skills. Open any skill to read the guide and start a practice set.
Nature of Business
Management Functions
Finance and Communication
Entrepreneurship & Marketing
WASSCE Past Questions
University Management & Marketing
Exams Business Management practice prepares you for
Each page below sets out what the examination covers and links straight back to the business management skills that feed into it.
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Frequently asked questions
What stage of school does Business Management suit?
Business Management currently covers Senior High and University. Every skill carries its own level tag, so you can start at the stage you are studying and move up once the earlier work is secure.
How is Business Management organised here?
The Business Management bank is grouped into 6 groups such as Nature of Business, Management Functions, Finance and Communication and Entrepreneurship & Marketing, and every group breaks down further into separate skills.
How many Business Management questions are there?
The bank holds 89 Business Management questions spread over 14 skills, each one paired with the reasoning behind the correct answer.
Can I revise for the WASSCE or tertiary coursework with this?
The Business Management skills are grouped by the levels sat for the WASSCE and tertiary coursework, and they are labelled Ghana GES SHS syllabus, WASSCE and Tertiary foundation coursework. Filter by level to focus on the stage you are being examined on.
Can I read Business Management pages without signing in?
No account is needed to read a Business Management skill page. Create a free one when you want progress kept between visits rather than starting again each time.
Related subjects
Free business management courses to watch alongside
Full video courses from universities and educators, free to watch and listed on their own pages here.
How this page was produced
This text was drafted with AI assistance from the questions and topics already stored on the platform. A subject-specialist review is scheduled but has not yet been recorded, so we do not claim it here.
- Written by
- DigiTransact Mastermind editorial team
- Human review
- Not yet. Subject-specialist review is scheduled; this page will say so once it has happened. See which content receives human review.
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Ready to master Business Management?
Pick any of the 14 Business Management skills above, answer the questions and watch your SmartScore climb.