
6 Functions of Business
Authored by Shadava Jackson
Computers
7th Grade
Used 11+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
11 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Collecting money from customers, paying taxes, and processing payroll checks are all classified as which type of function?
Accounting
Human Resources
Information Technology
Operations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Promoting, distributing, and pricing products are all classified as which type of function?
Accounting
Human Resources
Management
Marketing
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an advantage of a franchise over a sole proprietorship?
Franchisees can sell stock to start up the business.
Franchisees do not have to work in the business.
Parent company provides training and support to franchisee.
Parent company will pay all of the franchisee's start up costs.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is a corporation different from a sole proprietorship and a partnership?
Corporations are easier to start.
Corporations do not require a charter
Corporations provide limited owner liability.
Corporations provide lower owner taxes.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are a franchise and a sole proprietorship alike?
Can sell stock to raise money
Easy to start the business
Owner keeps all profits
Require a contract to start
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When comparing the four main business types, which has the most risk and rewards for an individual?
Corporation
Franchise
Partnership
Sole proprietorship
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When comparing the four main types of businesses, which has the BIGGEST DISADVANTAGE when it comes to paying taxes?
Corporation
Franchise
Sole Proprietorship
Partnership
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?