Y8 Introduction to business
Authored by J Lewis
Business
4th - 6th Grade
Used 16+ times
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27 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This type of business is owned by one person.
Partnership
Sole Proprietorship
Corporation
Franchise
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This type of business is owned by two or more people.
Sole Proprietorship
Partnership
Corporation
Franchise
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This type of business is a contractual agreement with a parent company to sell its products/services in an area.
Sole Proprietorship
Partnership
Corporation
Franchise
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
McDonald's and Burger King are examples of....
Sole Proprietorships
Partnerships
Corporations
Franchises
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Advantages of this business type are that the owner is their own boss and gets to keep all the profits.
Partnership
Sole Proprietorship
Corporation
Franchise
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Advantages of this business include: easier to get money from the bank to start, share skills and share risks.
Sole Proprietorship
Partnership
Corporation
Franchise
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Advantages of this type of business include: easy to start, and you can rely on a good company name and expertise.
Sole Proprietorship
Partnership
Corporation
Franchise
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