Business Management - Business Organizations
Authored by Stephanie Harp
Business
12th Grade
Used 4+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
In most companies, there is an organizational system in place so that everyone knows who to report to.
True
False
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Sole Proprietorship is a business that has many owners.
False
True
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
It is smart for partnerships to have a legal agreement.
True
False
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
An LLC stands for Limited Liability Company.
True
False
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Low-Level managers do not have to report to anyone else.
False
True
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
It’s important for Top-Level managers to spend their time studying the competition.
True
False
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Our country provides small businesses with resources to help them get started and be successful. What is this government agency called?
Small Business Administration
Small Business Association
America’s Small Businesses
America’s Business Association
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