
Business Knowledge Quiz
Authored by Jessica Kennedy
Computers
10th Grade
Used 3+ times

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