8th Grade Final Testing

PetsGalore, a business that sells dog food and provides dog grooming, is an example of what type of business?

• Goods Business
• Non Profit
• Service Provider
• Combination Goods and Service Provider

What is a personal characteristic of a successful entrepreneur who is accountable for his or her actions?

• Persistent
• Creative
• Responsible
• Inquisitive

Barber shops, dry cleaners, and car repair shops are all classified as which type of business?

• Combination Goods and Service Provider
• Service Provider
• Product Type
• Non Profit

Which function of a business deals with the 'back office' and completes all paperwork that must be finished to keep the business running smoothly?

• Accounting 
• Management
• Operations
• Human Resources

When comparing the four main types of business organizations, which type protects owners the most from personal financial liability due to being sued by a customer?

• Corporation
• Sole Proprietorship
• Partnership
• Franchise

What type of business provides a service but does not make a profit while doing it?

• For Profit
• Non Profit
• Franchise
• Corporation

Hiring, firing, and managing the company benefits and educational opportunities for employees are all classified as which type of function?

• Accounting
• Operations
• Human Resources
• Mangement

What type of business is owned by one person?

• Sole Proprietorship
• Partnership
• Franchise
• Corporation

The Gap, Dell, and IBM are all classified as which type of business?

• Non Profit
• For Profit
• Franchise
• Sole Proprietorship

Ensuring that the organization meets goals, and working with employees to accomplish organizational goals are both classified as which type of function?

• Accounting 
• Human Resources
• Management
• Marketing