WorksheetsBusiness Characteristics
Total questions: 10
Worksheet time: 8mins
Name
Class
Date
1.
Which of the following is an example of a non-profit organization?
a)
Beauty salon
b)
American Red Cross
c)
McDonalds
d)
Amazon
2.
The process of posting positions and hiring employees is carried out by which department?
a)
Marketing
b)
Distribution
c)
Management
d)
Human Resources
3.
Intrinsic motivation occurs internally and includes enjoyment and accomplishment.
a)
True
b)
False
4.
A system used to record, classify, summarize and report the financial position of a business is known as which of the following?
a)
Management
b)
Distribution
c)
Accounting
d)
Human resources
5.
Which is not a classification of the financial entries affecting the financial position of a business
a)
Assets
b)
Statement
c)
Liabilities
d)
Owner's Equity
6.
Which one is not one of the 4 P's of marketing?
a)
Promotion
b)
Price
c)
Place
d)
People
e)
Product
7.
Which of the following are the debts or obligations of a business?
a)
Assets
b)
Liabilities
c)
Owner's equity
d)
bonds
8.
Items of value owned by a business are known as which of the following?
a)
Assets
b)
Liabilities
c)
Owner's equity
d)
Bonds
9.
Which of the following is an example of a service firm?
a)
Cotton mill
b)
juice factory
c)
mine
d)
landscape company
10.
Which of the following is NOT a level of Maslow’s hierarchy of needs?
a)
Self-actualization
b)
Self-esteem
c)
Personal interest
d)
Safety
100 %
