
Entrepreneurship
Quiz
•
9th Grade
•
Practice Problem
•
Medium

James Gribben
Used 126+ times
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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business that involves one individual controlling the operations. That individual is usually responsible for the business' debt.
Sole Proprietorship
Partnership
Corporation
Limited Liability Corporation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business that lowers the amount of risk that the one owner faces in the event that another owner shows negligence.
Sole Proprietorship
Partnership
Corporation
Limited Liability Corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When 2 or more persons agree to contribute money, labor or skill to a business.
Sole Proprietorship
Partnership
Corporation
Limited Liability Corporation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The most complex business structure.
Sole Proprietorship
Partnership
Corporation
Limited Liability Corporation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The statement of a company's values, purpose and beliefs
Vision Statement
Mission Statement
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This includes your company's goals and aspirations
Vision Statement
Mission Statement
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This displays the roles, responsibilities and answers the question, "Who reports to whom?"
Startup Costs
Pricing
Price Comparison
Organizational Structure
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