
Types of Business Organizations and Their Characteristics
Passage
•
Social Studies
•
12th Grade
•
Medium
James Byrd
Used 1+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the three primary types of business organizations mentioned in the passage?
Service, Merchandising, Manufacturing
Service, Retail, Wholesale
Manufacturing, Retail, Service
Wholesale, Retail, Manufacturing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business organization provides intangible products in return for fees?
Service businesses
Merchandising businesses
Manufacturing businesses
Retail businesses
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which type of business organization are owners personally liable for business debts?
Sole proprietorships
Corporations
Limited liability companies
Non-profit organizations
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key characteristic of corporations as mentioned in the passage?
Limited liability protection
Single ownership
Minimal government regulation
Personal liability for debts
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do many businesses diversify their operations according to the passage?
By engaging in more than one type of activity
By focusing solely on manufacturing
By only providing services
By selling products at wholesale prices
Similar Resources on Wayground
6 questions
Categorías de comercio electrónico
Passage
•
University
6 questions
Kuis membaca tanpa judul
Passage
•
10th Grade
7 questions
Economies and Diseconomies of Scale
Passage
•
University
6 questions
Economics Concepts and Principles
Passage
•
12th Grade
8 questions
Washington vs. Du Bois
Passage
•
12th Grade
8 questions
Types of Societies
Passage
•
12th Grade
4 questions
Athenian Democray
Passage
•
11th Grade
6 questions
Henry Fayol
Passage
•
University
Popular Resources on Wayground
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
20 questions
ELA Advisory Review
Quiz
•
7th Grade
15 questions
Subtracting Integers
Quiz
•
7th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns
Quiz
•
3rd Grade
10 questions
Exploring Digital Citizenship Essentials
Interactive video
•
6th - 10th Grade
Discover more resources for Social Studies
1 questions
PLT Question for 09/21/25
Quiz
•
9th - 12th Grade
1 questions
PLT CFA 9/30/2025
Quiz
•
9th - 12th Grade
36 questions
Unit 5 Key Terms
Quiz
•
11th Grade - University
38 questions
Unit 6 Key Terms
Quiz
•
11th Grade - University
1 questions
PLT CFA 10/2/25
Quiz
•
9th - 12th Grade
28 questions
Unit 3: CFA 4 (Standard 7)
Quiz
•
12th Grade
19 questions
Unit #2.2 & 2.3 Economics Review
Quiz
•
12th Grade
1 questions
Ch 5 CFA-Map
Quiz
•
9th - 12th Grade