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WorksheetsWeek 1-Day1
Total questions: 20
Worksheet time: 9mins
Which type of business must have at least 2 people to form the company?
Retail Store
A ____ ____is a type of business with only one owner
cooperative
corporation
partnership
The shareholders of a ____ typically receive one vote per share and may hold an annual meeting during which they elect a board of directors.
corporation
One advantage of a partnership is
Partners may combine managerial skills
Full decision making authority
Limited liability
A freelance photographer is an example of what type of business?
Sole Proprietorship
Partnership
Corporation
Business provides intangible products (products with no physical form).
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
This type of business buys products at wholesale price and sells the same at retail price.
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
Business buys products with the intention of using them as materials in making a new product
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
Business are companies that may be classified in more than one type of business.
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
What kind of business is in the picture?
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
What type of business What kind of business is in the picture?
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
What kind of business is in the picture?
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
What kind of business is in the picture?
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
What kind of business is in the picture?
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
What kind of business is in the picture?
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
What type of business is in the picture?
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
What type of business is in the picture?
Service Business
Merchandising Business
Hybrid Business
Manufacturing Business
