Business & Marketing - GAVS

Corporations create jobs for the community in what area of corporate responsibility?

• environment
• marketplace
• community
• work

Which of the following is a service business?

• Verizon
• Phone repair store
• E-bay
• Goodwill

Which of the following is a non-profit business?

• The Falcons
• The March of Dimes
• Five Guys Burgers & Fries
• Georgia Aquarium

Which of the following management functions are responsible for hiring and firing employees?

• Human Resources
• Operations Management
• Marketing
• Management

Which function of management is responsible for production?

• Human Resources
• Operations
• Product Development
• Management

Which function of management is responsible for pricing products?

• Accounting
• Management
• Finance
• Marketing

Which of the following is an external influence on a business?

• Ethics
• Corporate Responsibility
• The Economy
• The Climate

Which of the following is a disadvantage of partnerships?

• limited liability
• You make all the decisions
• unlimited liability
• expensive to form

What is an advantage of corporations?

• Unlimited liability
• Limited liability
• Owner has complete control
• Few government regulations