

Chapter 5 Review Material - Principles of Marketing
Flashcard
•
Business
•
9th Grade
•
Practice Problem
•
Hard
Jon Larson
FREE Resource
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30 questions
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1.
FLASHCARD QUESTION
Front
By 2029, it is expected that more than half of all jobs in the United States will be held by women.
Back
False. By 2029, nearly 48 percent of jobs in the United States will be held by women.
2.
FLASHCARD QUESTION
Front
Nonprofit corporations do not have to pay corporate income taxes.
Back
True. Unlike for-profit corporations, nonprofit corporations are free from corporate income taxes.
3.
FLASHCARD QUESTION
Front
In a partnership, each partner is liable for all the debts of the business if the business fails.
Back
True. In a partnership, partners are responsible for key business decisions and functions, and each partner is liable for all business debts if it fails.
4.
FLASHCARD QUESTION
Front
Most businesses use a functional organizational structure.
Back
True. The functional organizational structure is used by most businesses.
5.
FLASHCARD QUESTION
Front
People born between 1946 and 1964 are generally referred to as baby boomers.
Back
True. Baby boomers are the people born between these years.
6.
FLASHCARD QUESTION
Front
Percentage of U.S. workers employed by businesses that employ more than 100 workers.
Back
According to the U.S. Bureau of Labor Statistics, the percentage of workers in businesses that employ over 100 workers is 2.4 percent.
7.
FLASHCARD QUESTION
Front
The easiest form of business to start.
Back
Proprietorship
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