Business Activities

Which government agency's primary concern is the safety of children's products?

• Food and Drug Administration

• Equal Employment Opportunity Commission

• Consumer Product Safety Commission

• Occupational Safety and Health Administration

Which form of business ownership is owned and operated by one person?

• Partnership

• Corporation

• Sole proprietorship

• Limited liability corporation

Which government agency is responsible for monitoring and reducing air and water pollution?

• Food and Drug Administration

• Environmental Protection Agency

• Occupational Safety and Health Administration

• Consumer Product Safety Commission

What are guidelines for good behavior called?

• Responsibility

• Ethics

• Consumerism

• None of the above

What is it called when an employee reports illegal actions being done by their employer?

• Tattle-telling

• Whistle-blowing

• Snitching

• Horn-blowing

Partnership is the most common form of business ownership.

• True

• False

Non-profits pay taxes on their income.

• True

• False

All types of business use marketing regardless of size, scope and intended purpose.

• True

• False

This branch of government has the greatest impact on business.

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

• Sole Proprietorship

• Partnership

• Corporation