Types of Businesses

Types of Businesses

7th Grade

10 Qs

quiz-placeholder

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Types of Businesses

Types of Businesses

Assessment

Quiz

Business, Other

7th Grade

Medium

Created by

E Micklow

Used 222+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Name the 4 Types of Business:

franchise, corporation, partnership, sole proprietorship

sole proprietorship, club, non-profit, franchise

accounting, marketing, advertising, corporation

Nike, State Farm, Hobby Lobby, Subway

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which is a reason to NOT start a business:

To make a profit

Make your own schedule

Pursue your dreams

To pay back loans

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which is NOT a function of a business?

accounting

employee benefits

human resources

marketing

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which is an example of a good?

television repair

pedicure

shoes

haircut

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Walmart is an example of a:

single owner

partnership

corporation

non-profit

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A father who wants to take his son into the business with him should form a......

non-profit

franchise

corporation

partnership

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Someone who wants to control all aspects of the business should form this type of business.

non-profit

partnership

sole proprietorship

franchise

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