Fall Review Part 2

Front

Which term describes businesses NOT associated with the government?

Back

Private Sector

Front

What is a business owned by two or more people called?

Back

Partnership

Front

Which of the following terms is the most common form of business ownership and the easiest to start?
Options: Sole Proprietorship, Partnership, Franchise, Corporation

Back

Sole Proprietorship

Front

What is the process of achieving company goals by effective use of resources through planning, organizing, and controlling called?

Back

Management

Front

Which government agency is responsible for the fair and equitable treatment of employees with regard to hiring, firing, and promotions?

Back

Equal Employment Opportunity Commission

Front

Which research technique is used to gain information about customer behavior and preferences by viewing and recording people’s actions?

Back

Observation Method

Front

Suppose Powerade has decided to create a new label for their bottles. Which type of research would help them make a final decision on the design?

Back

Product Research

Front

Google counts the number of clicks made on each advertisement while a user is on the site. What type of research is this?

Back

Media Research

Front

Which type of research answers questions of “how many” and “how much?”

Back

Quantitative Research

Front

Six Flags conducted research to determine what percentage of visitors brought their grandchildren to the park. What is this type of research called?

Back

Quantitative Research