ESB Domain 1:Entrepreneurial and Small Business Concepts
Authored by Christie Milam
Business
11th Grade
Used 31+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which legal structure is best for international business even with being double-taxed?
Non-profit
C-Corp
Proprietorship
LLC
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which legal structure has no ownership and no US federal taxes?
Non-profit
S-Corp
C-Corp
Partnership
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which legal structure is ideal for a single owner seeking low risk?
Partnership
LLC
C-Corp
Non-profit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which legal structure involves shared financial backing?
LLC
Partnership
C-Corp
S-Corp
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is responsible for developing the company’s vision, strategy, and mission?
Marketing Manager
Chief Financial Officer
Chief Executive Officer
Human Resources Manager
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the COO oversee in a business?
Marketing strategies
Day-to-day operations and administrative functions
Financial investments
Product development
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of compensation is described as non-cash?
Hourly
Commission
Equity
Salary
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