Forms of Business Ownership
Authored by Angge Llarvez
Life Skills
6th Grade
Used 534+ times
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16 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
It is the process of running a business in order to make a profit.
ENTREPRENEURSHIP
ENTREPRENEUR
BUSINESSMAN
EMPLOYEE
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
He/ she founds and runs a small business, assuming all the risks and rewards of the venture.
ENTREPRENEUR
EMPLOYEE
COMPANY
ENTREPRENEURSHIP
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is a form of business ownership where two or more people act as co-owners.
PARTNER
PARTNERSHIP
BUSINESS PARTNER
COMPANY
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a form of business ownership, where there is one owner who's responsible for the business.
SOLE PROPRIETORSHIP
PROPRIETORSHIP
SOLE PREPRIOTERSHIP
SOAL PROPREITORSHIP
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a form of business refers to an arrangement where one person/ company grants another person/ company the right to use its trademark/ trade-name.
CORPORATION
COMPANY
FRANCHISER
FRANCHISING
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Advantage: Start-up cost are low
Sole Proprietorship
Partnership
Franchising
Entrepreneurship
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This refers to a person/ company that is granted a license to do business under the franchisor's trademark and trade name.
FRANCHISOR
PARTNER
SOLE PROPRIETOR
FRANCHISEE
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