Business
Other
11th - 12th Grade
Used 55+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following is NOT one of the six basic activities that all businesses perform?
raising capital
buying goods and services
conserving resources
generating ideas
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A ________ must name a board of directors that will make the major policy and financial decisions for the business.
limited liability company
proprietorship
corporation
limited liability partnership
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A retailer is an example of a(n)
extractor
producer
intermediary
service business
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The people who make the major policy and financial decisions in a corporation are the
investors
board of directors
managers
owners
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
In what type of business organization is each owner personally liable for all business debts, even if the debts were created by other owners?
corporation
partnership
proprietorship
S corporation
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Over the past 50 years, the proportion of women who work outside the home has
stayed almost the same
grown very slowly
declined slightly
grown significantly
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The easiest form of business to start and end is a(n)
limited liability partnership
S corporation
franchise
proprietorship
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