

Intro to Business Final
Flashcard
•
Other
•
9th - 12th Grade
•
Practice Problem
•
Hard
Standards-aligned
Wayground Content
FREE Resource
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36 questions
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1.
FLASHCARD QUESTION
Front
Do all businesses manufacture products?
Back
False
2.
FLASHCARD QUESTION
Front
When you purchase stock you are becoming part owner in a corporation.
Back
True
3.
FLASHCARD QUESTION
Front
Many businesses fail in their first year of operation.
Back
True
4.
FLASHCARD QUESTION
Front
The people who make the major policy and financial decisions for a corporation are called the: Stockholders, Owners, Board of Directors, Partners
Back
Board of Directors
5.
FLASHCARD QUESTION
Front
A(n) __________ is a written contract granting permission to operate a business to sell products and services in a set way.
Back
Franchise
6.
FLASHCARD QUESTION
Front
About what percentage of U.S. businesses employ more than 100 workers? Options: Less than 1 percent, 5 percent, 20 percent, 35 percent
Back
Less than 1 percent
7.
FLASHCARD QUESTION
Front
Every business performs all of the following activities EXCEPT: Maintaining business records, Raising capital, Buying goods and services
Back
Manufacturing products
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