Free Printable Business Communication Ch. 6

Worksheets

Business Communication Ch. 6

Total questions: 20

Worksheet time: 2hrs 40mins

Name

Class

Date

_______________ involves maintaining and checking records, handling bills, and preparing financial reports for business.

Market survey

Accounting

Procurement

Producer

Unlimited liability means the owner is responsible for the company's debts.

True

False

Service businesses perform tasks rather than provide goods.

True

False

Limited liability holds a firm's owners responsible for no more than the capital that they have invested in it.

true

false

A contractual agreement to use the name and sell the products or services of a company in a designated geographic area. Hint: McDonald's...

Non-profit organization

Franchises

Conglomerates

A nonprofit organization is a type of organization that focuses on providing a service, but not to make a profit.

True

False

Corporations faces many disadvantages, they include all except:

Paying taxes on income.

Stockholders pay taxes on profits issued to them.

Difficult and costly to start

Can not issue stock to raise money.

A _____________ purchases goods from a wholesaler and sells them to consumers, the final buyers of the goods.

Intermediary

Retailer

Producer

Sole proprietorship

Sole proprietorship includes many owners.

True

False

10.

A ___________ is a business that gathers raw goods.

Intermediary

Retailer

Producer

Wholesaler

11.

A __________ changes raw materials into more finished products.

Producer

Processor

Franchise

Sole Proprietorship

12.

A ____________ is a business that makes finished products out of processed goods.

Producer

Manufacturer

Wholesaler

Processor

13.

Marketing is the process of planning, pricing, promoting, selling, and distributing ideas, goods, and services.

True

False

14.

The process of achieving company goals by planning, organizing, leading, controlling, and evaluating the effective use of resources is called?

Finance

Marketing

Procurement

Management

15.

Procurement is the buying and reselling of goods that have already been produced.

True

False

16.

An organization that is owned and operated by its members is called a___________?

Franchise

Cooperative

Nonprofit organization

Corporation

17.

The government regulates corporations more than any other types of businesses.

True

False

18.

An intermediary is a business that does not move goods from one business to another.

True

False

19.

A wholesaler distributes goods.

True

False

20.

One example of what a processor does is turning sugar cane into sugar.

True

False

Reset

Business Communication Ch. 6

Total questions: 20

Worksheet time: 2hrs 40mins

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