Fall Semester Study Guide

Fall Semester Study Guide

Assessment

Flashcard

Business

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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99 questions

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1.

FLASHCARD QUESTION

Front

What is the purpose of a mission statement?

Back

To state the company's reason for existing now

2.

FLASHCARD QUESTION

Front

Business owned by stockholders

Back

Corporation

3.

FLASHCARD QUESTION

Front

_______ include tools and equipment used to produce goods and services

Back

Capital Resources

4.

FLASHCARD QUESTION

Front

Why are policies and procedures important?

Back

They help clarify things.

5.

FLASHCARD QUESTION

Front

The people who make the major policy and financial decisions for a corporation are called the

Back

board of directors

6.

FLASHCARD QUESTION

Front

a list of steps to be followed for performing a particular work activity; a description of the way work is to be done

Back

procedures

7.

FLASHCARD QUESTION

Front

What is a Business Plan?

Back

It is an indispensable tool in order to start up a business project, independently of the size of the project and/or of the amount of business experience of the entrepreneur.

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