Search Header Logo

Business organization

Authored by Narimane Halaby

Business

9th - 11th Grade

Used 15+ times

Business organization
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

                        What term is defined as an enterprise that produces goods or services, usually to make a profit?

business organization

stock

unlimited liability

vertical merger

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a business owned and managed by a single person called?

conglomerate

general partnership

limited partnership

sole proprietorship

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What of the following is a typical start up requirement for a sole proprietorship?

obtaining a business license

selling shares on the stock market

signing a contract with a partner

hiring officers to run the company

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What does the term limited life mean?

The business is restricted in size.

There is a ceiling on the amount of business expenses.

There are many regulations about business activities.

The business does not continue if the owner leaves.

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What do many people consider to be the chief advantage of sole proprietorship

The owner has unlimited liability.

The owner keeps all the profits.

he owner has unlimited start-up funds.

The owner does not have to obey labor laws.

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following businesses is most likely to be a sole proprietorship

film studio

dry cleaner

kitchen appliance maker

football helmet manufacturer

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following people is most likely to succeed as a sole proprietor

someone who likes to make his or her own decisions

someone who is most comfortable being part of a team

someone who wants to know what's going to happen ahead of time

someone who tends to act on the spur of the moment without plans

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?