Intro-Ownership & Business Unit Review
Authored by JENNIFER KING
Other
KG - University
Used 36+ times
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27 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Professional (service)
Informational (service)
Business (service)
Promotional (service)
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Professional (service)
Informational (service)
Business (service)
Promotional (service)
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Professional (service)
Informational (service)
Business (service)
Promotional (service)
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The majority of businesses are this type of this business ownership but generate the least amount of sales.
Proprietorship
Partnership
Corporation
Franchise
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The major policy and financial decision makers of a corporation are determined by the...
CEO/GM/President
Chairman of the Board
Shareholders
Board of Directors
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of document must be filed with the government when forming a business with multiple partners who are all responsible for all of the actions of the business.
Proprietary Annulment
Partnership Agreement
Articles of Incorporation
Corporate Bylaws
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The most important role of a business is to...
employ people.
purchase products.
pay taxes.
produce and distribute products needed by the ultimate consumers.
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