The World Of Work Quiz

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| By Amit Mangal

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Quizzes Created: 1269 | Total Attempts: 1,244,072

Questions: 10 | Attempts: 364 | Updated: Aug 16, 2023

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Work fuels our life. We all work to fulfill our dreams and live a content life. Take this amazing quiz on the world of work and learn more about work, the theoretical aspects of working, how working should be, how we can increase efficiency in work, and much more. The quiz contains various questions that are not only aimed at gauging your knowledge about the subject but would also provide you with valuable information that will also help you increase your productivity at the workplace. All the best!

Questions and Answers

1.

A progression of tasks from entry-level to advanced levels in a career sector.
- A.
  
  Career ladder
- B.
  
  Executive position
- C.
  
  Entry level job
- D.
  
  Services
Correct Answer
A. Career ladder

Explanation
The term "career ladder" refers to a progression of tasks within a specific career sector, starting from entry-level positions and advancing to more advanced levels. It represents the different stages or steps that individuals can go through in their careers, gradually moving up the hierarchy. This term is often used to describe the upward mobility and advancement opportunities within a particular field or industry.

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2.

The wage that an employee is paid for a work
- A.
  
  Income
- B.
  
  Salary
- C.
  
  Money
- D.
  
  Wants
Correct Answer
A. Income

Explanation
The term "wage" refers to the payment that an employee receives for their work, which is commonly known as income. Income is a broader term that encompasses various sources of earnings, including wages, salaries, investments, and other forms of revenue. Therefore, income is the correct answer as it accurately represents the payment an employee receives for their work.

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3.

The countries of the world are financially connected through?
- A.
  
  Liberalization
- B.
  
  Global economy
- C.
  
  Privatization
- D.
  
  Globalization
Correct Answer
B. Global economy

Explanation
The correct answer is Global economy. The countries of the world are financially connected through the global economy, which refers to the interconnectedness and interdependence of economies around the world. This connection is facilitated by international trade, investment, and financial transactions, allowing countries to exchange goods, services, and capital across borders. The global economy enables countries to participate in a global marketplace, influencing each other's economic growth, stability, and development.

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4.

The possessions that one wishes they had but which are not necessary for survival?
- A.
  
  Needs
- B.
  
  Wants
- C.
  
  Services
- D.
  
  Money
Correct Answer
B. Wants

Explanation
Wants refer to the possessions or desires that are not necessary for survival but are desired by an individual. These can include material goods, experiences, or other non-essential items that a person may wish to have. While needs are essential for survival, wants are more about personal preferences and desires that go beyond basic necessities. Services and money can be related to fulfilling wants, but they are not the specific term used to describe these desired possessions.

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5.

What is the process called where an outside provider complete work previously done by employees?
- A.
  
  Contractual
- B.
  
  Domestic
- C.
  
  Outsourcing
- D.
  
  Diversity
Correct Answer
C. Outsourcing

Explanation
Outsourcing is the process where an outside provider takes over and completes work that was previously done by employees. This can be done to reduce costs, improve efficiency, or access specialized skills or resources that the company may not have in-house. Outsourcing allows companies to focus on their core competencies while delegating non-core activities to external experts.

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6.

What are those programs run workplace called where workers handle the demands of work ad family.
- A.
  
  Family friendly programmes
- B.
  
  Fun programmes
- C.
  
  Flex time
- D.
  
  Employee only programmes
Correct Answer
A. Family friendly programmes

Explanation
Family friendly programs are workplace initiatives that are designed to support employees in balancing the demands of work and family. These programs often include benefits such as flexible work schedules, childcare assistance, parental leave, and support for caregiving responsibilities. By implementing family friendly programs, employers aim to create a more supportive and inclusive work environment that recognizes and accommodates the needs of employees with family responsibilities.

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7.

What do you call the work which is done to earn money
- A.
  
  Service
- B.
  
  Job
- C.
  
  Wages
- D.
  
  Committment
Correct Answer
B. Job

Explanation
A job refers to the work that is done in exchange for money. It is a regular or temporary activity that a person engages in to earn a living or make a living. A job typically involves specific tasks or responsibilities that need to be performed in order to receive wages or a salary. It is a common term used to describe employment or a means of earning income.

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8.

What is flextime?
- A.
  
  A schedule that allows you to have flexibility in working hour
- B.
  
  A schedule that does not allow flexibility hours
- C.
  
  A schedule that penalize you for working less
- D.
  
  A schedule that reward you for hardwork
Correct Answer
A. A schedule that allows you to have flexibility in working hour

Explanation
Flextime refers to a schedule that provides employees with the freedom and flexibility to choose their working hours. It allows individuals to adjust their start and end times, as long as they meet the required number of hours. This arrangement offers employees the opportunity to balance their personal and professional commitments, leading to increased job satisfaction and work-life balance.

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9.

The process blending of markets, technology, and resources across international economies is called
- A.
  
  Outsourcing
- B.
  
  Privatization
- C.
  
  Liberalization
- D.
  
  Globalisation
Correct Answer
D. Globalisation

Explanation
Globalisation refers to the process of integrating markets, technology, and resources across different economies on an international scale. It involves the free flow of goods, services, capital, and information between countries, leading to increased interconnectedness and interdependence among nations. This process enables companies to outsource their operations to other countries, privatize certain industries, and liberalize trade policies. Therefore, while outsourcing, privatization, and liberalization are all related concepts, globalisation encompasses the broader scope of these processes.

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10.

Assistance that is not material but for which people are prepared to pay.
- A.
  
  Needs
- B.
  
  Services
- C.
  
  Wants
- D.
  
  Money
Correct Answer
B. Services

Explanation
The given correct answer for this question is "Services". Services refer to non-material assistance that people are willing to pay for. Unlike physical goods, services are intangible and cannot be touched or held. Examples of services include haircuts, legal advice, and repair services. People seek services to fulfill their needs or wants, and they are willing to pay for these intangible benefits.

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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

Current Version
Aug 16, 2023

Quiz Edited by
ProProfs Editorial Team
Nov 11, 2022

Quiz Created by
Amit Mangal

The world of work quiz

A progression of tasks from entry-level to advanced levels in a career sector.

The wage that an employee is paid for a work

The countries of the world are financially connected through?

The possessions that one wishes they had but which are not necessary for survival?

What is the process called where an outside provider complete work previously done by employees?

What are those programs run workplace called where workers handle the demands of work ad family.

What do you call the work which is done to earn money

What is flextime?

The process blending of markets, technology, and resources across international economies is called

Assistance that is not material but for which people are prepared to pay.