A Level Business

A Level Business

12th Grade

•

35 Qs

quiz-placeholder

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A Level Business

A Level Business

Assessment

Quiz

•

Business

•

12th Grade

•

Practice Problem

•

Medium

•
CCSS
L.11-12.4C, L.6.4C, L.7.4C

+2

Standards-aligned

Created by

Andrew McIlvain

Used 310+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

An entrepreneur is someone 

Someone who works for a new business
Someone who starts a new business
Someone who takes over an existing business
Someone who does not want to work

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Most entrepreneurs start what type of business?

Partnership
Corporation
Sole Proprietorship

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

An entrepreneur must know...

Only the parts of the business they like
No parts of the business management
all parts of business:  finance, marketing, etc.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Name one of the reasons people become entrepreneurs.

Feeling insecure
They like to be the ONLY one doing everything
They are doing what they enjoy

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Which of the following is the definition for sole proprietorship

business investment that involves renting or leasing another successful business model
unincorporated business owned and run by a single person who has rights to all profits and unlimited liability for all debts of the firm; most common form of business organization in the United States
unincorporated business owned and operated by two or more people who share the profits and have unlimited liability for the debts and obligations of the firm
form of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual, including the right to buy and sell property, enter into legal contracts, and to sue and be sued

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Which of the following is the definition for Franchise

business investment that involves renting or leasing another successful business model
unincorporated business owned and run by a single person who has rights to all profits and unlimited liability for all debts of the firm; most common form of business organization in the United States
unincorporated business owned and operated by two or more people who share the profits and have unlimited liability for the debts and obligations of the firm
form of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual, including the right to buy and sell property, enter into legal contracts, and to sue and be sued

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Which of the following is the definition for Corporation?

business investment that involves renting or leasing another successful business model
unincorporated business owned and run by a single person who has rights to all profits and unlimited liability for all debts of the firm; most common form of business organization in the United States
unincorporated business owned and operated by two or more people who share the profits and have unlimited liability for the debts and obligations of the firm
form of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual, including the right to buy and sell property, enter into legal contracts, and to sue and be sued

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