
Business Basics
Authored by Cristina Vazquez
Specialty
9th Grade
Used 56+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A single unit business is also called an independent business.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which form of ownership is run by only one person?
Sole proprietorship
Partnership
Corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which form of ownership is run by stockholders?
Sole Proprietorship
Partnership
Corporation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a partnership there is no need to sign a contract. Partners should trust each other in business.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An owner of a chain who sells franchises is called a ____________
Chain owner
Franchisor
Franchisee
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of these is NOT a 5 major function of management.
Planning
Staffing
Scheduling
Leading
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A(n) _________________ shows how tasks are organized, who performs them, and the levels of responsibility.
Operations Manual
Organizational Chart
Schedule
Contract
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