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Agricultural Business: Management - Final Assessment

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which of the following develops products for distribution from raw goods?

a)

Producers

b)

Processors

c)

Manufacturers

d)

Intermediaries

2.

Which of the following changes raw or processed goods into finished goods?

a)

Producers

b)

Processors

c)

Manufacturers

d)

Intermediaries

3.

Which of the following is the least common form of business organization?

a)

Sole proprietorship

b)

Partnership

c)

Corporation

d)

Franchise

4.

For which of the following does the parent company share experiences and proven techniques?

a)

Sole proprietorship

b)

Partnership

c)

Corporation

d)

Franchise

5.

Which of the following is a firm or business owned and operated by its members?

a)

Cooperative (co-op)

b)

Partnership

c)

Corporation

d)

Franchise

6.

Which of the following is subject to more governmental regulations?

a)

Cooperative (co-op)

b)

Partnership

c)

Corporation

d)

Franchise

7.

What form of partnership has unequal shares and liability for the partners?

a)

General partnership

b)

Limited partnership

c)

Semi partnership

d)

Restricted partnership

8.

Which of the following usually has less taxes and governmental regulations?

a)

Sole proprietorship

b)

Partnership

c)

Corporation

d)

Franchise

9.

Which of the following established standards for minimum wages and overtime pay?

a)

H-2A Program

b)

Fair Labor Standards Act of 1938

c)

Migrant and Seasonal Agricultural Worker Protection Act

d)

Safe Labor Standards Act of 1938

10.

Agriculture accounts for what percent of child labor worldwide?

a)

50 percent

b)

60 percent

c)

70 percent

d)

80 percent