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Agribusiness: Management Review

Authored by Shelby Lee

Other

9th - 12th Grade

24 Questions

Used 40+ times

Agribusiness: Management Review
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Materials derived from natural resources clearly defines which of the following?

Processed Goods

Raw Goods

Finished Goods

Intangible Goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following moves finished goods from one business to another?

Intermediaries

Manufacturers

Service Firms

Producers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following operates on donations and volunteers rather than income and profit?

Service firms

Production firms

Non-profit organizations

Producers organizations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the first step in the product flow chart?

Processor

Producer

Manufacturer

Raw Goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Farm Bureaus are considered which of the following?

Non-profit agricultural organization

Producer

Manufacturer

Processor

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the most common form of business ownership?

Sole Proprietorship

Partnership

Corporation

Franchise

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a disadvantage of a sole proprietorship?

Owner has limited skills

Harder to raise money

High start-up costs

Higher governmental regulations

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