Functions of Business

Which job below is NOT associated with Accounting?

• Paying Bills
• Collecting Money
• Payroll Checks
• Pricing Items

What role can someone in Management have?

• Meet Goals and Obligations
• Works with People in an Organization
• Use resources to accomplish Goals
• All Answers are roles of Management

Which answer below is one of the 4 P's of Marketing

• Placement
• Process
• Plan
• Pay

Which answer below is NOT apart of the Information Technology field?

• Work with Software Applications
• Work on Hardware for Technology Use
• Behind the Scenes Paperwork
• Keep Email accounts working

People in Operations field will...

• Complete behind the scenes paperwork
• Manage People
• Help develop skills
• Pay Bills

The Human Resources Department

• Manage People
• Help Develop Skills
• Hire and Fire
• All of these are correct

A Business owned by 1 Person

• Sole Proprietorship
• Partnership
• Franchise
• Corporation

A Business owned by two or more people

• Sole Proprietorship
• Partnership
• Franchise
• Non-Profit Organization

A contract between a parent company and a franchisee to use the name and see the goods or services of the parent company.

• Franchise
• Corporation
• Non-Profit Organization
• Partnership

A business whose goal is to provide a service rather than to make a profit.

• Non-Profit Organization
• Multinational Corporation
• Corporation
• Franchise