CCE Unit 1-4 Review

What function includes any activity that works with money?

• Production

• Finance

• Marketing

• Management

What function focuses on the customer?

• Production

• Finance

• Marketing

• Management

It is a form of business refers to an arrangement where one person/ company grants another person/ company the right to use its trademark/ trade-name.

• CORPORATION

• COMPANY

• Corporation

• FRANCHISING

5. Business that is owned and controlled by two or more people is a:

• a. cooperative 

•   b. partnership *    

• c. sole proprietorship  

•    d. corporation

1.   A business that is owned and controlled by one person

is a:

• a. cooperative   

• b. partnership    

• c. sole proprietorship *  

• d. corporation

The disadvantage of this form of business is that you could have trouble raising capital for the business.

• Corporation

• Franchise

• Sole Proprietorship

• Partnership

Walmart, Google, Amazon are examples of which form of business?

• Partnership

• Corporation

• Sole Proprietorship

• Franchise

Wendys, Five Guys, and Subway are this form of business?

• Corporation

• Franchise

• Sole Proprietorship

• Partnership

The main goal of a business is to provide the needs and wants of consumers

• True

• False

What are the four (4) Ps?

• Product, Price, Place, and Promotion
• Product, Place, Promotion, and Packaging

• Product, Price, Place, and Packaging
• Product, Packaging, Place, and Promotion

Tags

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