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Functions of Business

Total questions: 20

Worksheet time: 9mins

Name
Class
Date
1.
Which job below is NOT associated with Accounting?
a)
Paying Bills
b)
Collecting Money
c)
Payroll Checks
d)
Pricing Items
2.
What role can someone in Management have?
a)
Meet Goals and Obligations
b)
Works with People in an Organization
c)
Use resources to accomplish Goals
d)
All Answers are roles of Management
3.
Which answer below is one of the 4 P's of Marketing
a)
Placement
b)
Process
c)
Plan
d)
Pay
4.
Which answer below is NOT apart of the Information Technology field?
a)
Work with Software Applications
b)
Work on Hardware for Technology Use
c)
Behind the Scenes Paperwork
d)
Keep Email accounts working
5.
People in Operations field will...
a)
Complete behind the scenes paperwork
b)
Manage People
c)
Help develop skills
d)
Pay Bills
6.
The Human Resources Department
a)
Manage People
b)
Help Develop Skills
c)
Hire and Fire
d)
All of these are correct
7.
A Business owned by 1 Person
a)
Sole Proprietorship
b)
Partnership
c)
Franchise
d)
Corporation
8.
A Business owned by two or more people
a)
Sole Proprietorship
b)
Partnership
c)
Franchise
d)
Non-Profit Organization
9.
A contract between a parent company and a franchisee to use the name and see the goods or services of the parent company.
a)
Franchise
b)
Corporation
c)
Non-Profit Organization
d)
Partnership
10.
A business whose goal is to provide a service rather than to make a profit.
a)
Non-Profit Organization
b)
Multinational Corporation
c)
Corporation
d)
Franchise
11.
A business considered separate from the owners of the business by law.  
a)
Corporation
b)
Multinational Corporation
c)
Partnership
d)
Sole Proprietorship
12.
The process of recording and reporting the financial data for a business.
a)
Accounting
b)
Management
c)
Marketing
d)
Information Technology
13.
The process of leading and directing all or part of an organization.
a)
Management
b)
Marketing
c)
Information Technology
d)
Operations
14.
The process of creating, promoting, and presenting a product to the consumers.
a)
Marketing
b)
Information Technology
c)
Operations
d)
Human Resources
15.
The process of developing, installing, and implementing computer information systems and applications.
a)
Information Technology
b)
Operations
c)
Human Resources
d)
Accounting
16.
The activities involved in the day-to-day running of a business for the purpose of producing value for the steakholders.
a)
Operations
b)
Human Resources
c)
Accounting
d)
Marketing
17.
The activities that deal with the hiring, firing, training and other personnel (employee) issues.
a)
Human Resources
b)
Accounting
c)
Management
d)
Marketing
18.
Which of the following is does NOT provide a good?
a)
Lawyer's Office
b)
CD Store
c)
Rug Cleaning
d)
Lawn Mowing
19.
Which of the Following provides a service?
a)
Rug Cleaning
b)
CD Store
c)
Clothing Store
d)
Sporting Goods Store
20.
Which of the following provides both goods and services?
a)
Beauty Shop
b)
Rug Cleaning
c)
Lawn Mowing
d)
Clothing Store