Y8 Introduction to business

Y8 Introduction to business

4th - 6th Grade

27 Qs

quiz-placeholder

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Y8 Introduction to business

Y8 Introduction to business

Assessment

Quiz

Business

4th - 6th Grade

Practice Problem

Hard

Created by

J Lewis

Used 16+ times

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27 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This type of business is owned by one person.

Partnership
Sole Proprietorship
Corporation
Franchise

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This type of business is owned by two or more people.

Sole Proprietorship
Partnership
Corporation
Franchise

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This type of business is a contractual agreement with a parent company to sell its products/services in an area.

Sole Proprietorship
Partnership
Corporation
Franchise

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

McDonald's and Burger King are examples of....

Sole Proprietorships
Partnerships
Corporations
Franchises

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Advantages of this business type are that the owner is their own boss and gets to keep all the profits.

Partnership
Sole Proprietorship
Corporation
Franchise

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Advantages of this business include: easier to get money from the bank to start, share skills and share risks.

Sole Proprietorship
Partnership
Corporation
Franchise

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Advantages of this type of business include: easy to start, and you can rely on a good company name and expertise.

Sole Proprietorship
Partnership
Corporation
Franchise

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