
Ch. 5 Business Organization
Quiz
•
Business
•
9th Grade
•
Hard
Samuel Williams
Used 50+ times
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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The largest number of U.S. businesses employ
more than 100 people
between 50 and 100 people
between 10 and 20 people
no employees other than the owner
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT one of the common activities of all businesses?
producing goods and services
marketing goods and services
buying goods and services
generating ideas
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A retailer is an example of a(n)
extractor
producer
intermediary
service business
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The form of ownership that gives one person sole control over the business decisions is the
proprietorship
corporation
partnership
franchise
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
true or false? All investors in a general partnership have full liability for the debts of a business.
true
false
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The people who make the major policy and financial decisions in a corporation are the
investors
board of directors
managers
owners
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A special form of business organization that combines advantages of a corporation and a partnership is a
franchise
nonprofit corporation
cooperative
limited liability company
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