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Worksheets

Types and Functions of Business

Total questions: 33

Worksheet time: 2hrs 39mins

Name
Class
Date
1.

The activities that deal with the hiring, firing, training and other personnel (employee) issues is

a)

Human Kind

b)

Human Resources

c)

Humanitarian

d)

Human Management

2.

The process of recording and reporting the financial daa for a business is called

a)

Accounting

b)

Accountant

c)

Account Manager

d)

Accounts Payable

3.

The process of creating, promoting and presenting a product to the consumers is called

a)

Management

b)

Monitoring

c)

Marketing

d)

Market Development

4.

A company that does business and has business facilities in many countries is called a

a)

Multi Continent Corporation

b)

Multi Country Corporation

c)

Multilingual Corporation

d)

Multinational Corporation

5.

A business owned by only one person is called a

a)

Sole Purchaser

b)

Sole Owner

c)

Sole Proprietorship

d)

Sole Manager

6.

The process of leading and directing all or part of an organization is called

a)

Management

b)

Marketing Manager

c)

Multi Department Manager

d)

Manager Trainee

7.

A business owned by two or more people is called a

a)

Company

b)

Club

c)

Partnership

d)

Non profit

8.

A business considered seperate from the owners of the business by law is called a

a)

Company

b)

Consumer Group

c)

Customer Based Business

d)

Corporation

9.

The activities involved in the day to day running of a business for the purpose of producing value for the stakeholders is called

a)

Operator

b)

Operations

c)

Operating Income

d)

Operational Management

10.

IT is an abbreviation for

a)

Informative Teaching

b)

Information Terminology

c)

Information Technology

d)

Informative Technologist

11.

This business exist to provide a servie

a)

Corporation

b)

Non Profit

c)

Sole Proprietorship

d)

Partnership

12.

KFC is an example of this type of business

a)

Corporation

b)

Franchise

c)

Partnership

d)

Sole Proprietor

13.

A (a)   between a parent company and a franchisee to use the name and see the goods or services of the parent conpany is called a Franchise

14.

A business owned by one (a)   is called a sole proprietorship

15.

A business owned by (a)   or more people is called a partnership

16.

A business whose goal is to provide a service rather than to make a (a)   is called a non profit organization

17.

Coca Cola is considered a (a)   corporation.

18.

Which company is a well known non profit organization?

a)

American Red Cross

b)

Walmart

c)

Subway

d)

Ameris Bank

19.

Which department of a company would I work in if I were in charge of training?

a)

Sales

b)

Operations

c)

Shipping

d)

Human Resources

20.

What department records financial data for a business?

a)

Sales

b)

Management

c)

Accounting

d)

Human Resources

21.

The day to day running of a business would fall under which department?

a)

Sales

b)

Marketing

c)

Management

d)

Operations

22.

(a)   is the process of creating, promoting and presenting a product to the consumers.

23.

Which department deals with hardware and software?

a)

Marketing

b)

Management

c)

Information Technology

d)

Human Resources

24.

(a)   is the process of leading and directing all or part of an organization

25.

In a corporation the owners are the (a)  

26.

A sole proprietorship is a business owned by one person

a)

True

b)

False

27.

A multinational corporation can have facilities in only the USA

a)

True

b)

False

28.

As an accountant, I would be responsible for the reporting of hiring and firing of employees

a)

True

b)

False

29.

If it is my job to deal with personnel (employee) issues, I work in what department?

a)

Sales

b)

Marketing

c)

Human Resources

d)

Information Technology

30.

What department of a company develops, installs, and implements computer information systems and applications?

a)

Marketing

b)

Sales

c)

Information Technology

d)

Management

31.

This type of business has a contract with the parent company

a)

Corporation

b)

Non Profit Organization

c)

Franchise

d)

Multinational Corporation

32.

How many people are in a partnership?

a)

One

b)

Two

c)

Three

d)

Two or more

33.

The process of creating is associated with this department

a)

Marketing

b)

Sales

c)

Information Technology

d)

Management