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Business Structures and Promotional Tools Quiz

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.

Which factor refers to how much personal financial risk an owner takes on?

a)

Branding

b)

Hiring

c)

Marketing

d)

Liability

2.

Which factor refers to how complex a business structure is to start and maintain?

a)

Production

b)

Competition

c)

Customer service

d)

Paperwork

3.

Which business structure is owned and run by one individual?

a)

Corporation

b)

Cooperative

c)

Nonprofit

d)

Sole Proprietorship

4.

Which business structure is owned by two or more people?

a)

Franchise

b)

LLC

c)

Nonprofit

d)

Partnership

5.

Which business structure is considered a separate legal entity from its owners?

a)

Sole Proprietorship

b)

Partnership

c)

Franchise

d)

Corporation

6.

Which business structure combines liability protection with pass-through taxation?

a)

Nonprofit

b)

Cooperative

c)

Sole Proprietorship

d)

Limited Liability Company

7.

Which business structure typically has unlimited personal liability?

a)

Corporation

b)

LLC

c)

Cooperative

d)

Sole Proprietorship

8.

Which business structure allows ownership to continue even if owners change?

a)

Sole Proprietorship

b)

Partnership

c)

Cooperative

d)

Corporation

9.

Which type of organization operates to support a mission instead of generating profit?

a)

Partnership

b)

Franchise

c)

LLC

d)

Nonprofit

10.

Which structure allows a person to buy the rights to use a company's brand and system?

a)

Cooperative

b)

LLC

c)

Corporation

d)

Franchise

11.

Which structure is ideal for liability protection with less complexity than a corporation?

a)

Sole Proprietorship

b)

Partnership

c)

Cooperative

d)

LLC

12.

Which business structure has profits taxed at the business level and again when owners get paid?

a)

Nonprofit

b)

Partnership

c)

Sole Proprietorship

d)

Corporation

13.

Which structure is democratically controlled by its members who share profits?

a)

LLC

b)

Franchise

c)

Corporation

d)

Cooperative

14.

Which structure is known for being the easiest and cheapest to start?

a)

Corporation

b)

Cooperative

c)

Franchise

d)

Sole Proprietorship

15.

Which factor refers to how a business gets the money it needs to start or grow?

a)

Branding strategy

b)

Equipment needs

c)

Employee schedule

d)

Funding

16.

Which tool in the promotional mix uses paid communication to reach a large audience?

a)

Direct Marketing

b)

Sales Promotion

c)

Personal Selling

d)

Advertising

17.

Which promotional tool uses short-term deals to create urgency?

a)

Public Relations

b)

Direct Marketing

c)

Advertising

d)

Sales Promotion

18.

Which tool involves one-on-one communication to guide a customer?

a)

Sales Promotion

b)

Public Relations

c)

Advertising

d)

Personal Selling

19.

Which tool gains attention from the public without paying for ads?

a)

Direct Marketing

b)

Personal Selling

c)

Sales Promotion

d)

Public Relations

20.

Which tool sends personalized messages straight to customers?

a)

Advertising

b)

Sales Promotion

c)

Public Relations

d)

Direct Marketing

21.

Which example represents advertising?

a)

Running a giveaway

b)

Hosting a charity event

c)

Explaining features face-to-face

d)

Paying an influencer to post a video

22.

Which example represents sales promotion?

a)

Getting a school newspaper feature

b)

Sending a birthday email

c)

Helping a customer try on products

d)

Offering “Buy one, get one 50% off”

23.

Which example represents personal selling?

a)

Buying Instagram ads

b)

Running a flash sale

c)

Sending an app notification

d)

Helping a customer find the right size

24.

Which example represents public relations?

a)

Showing targeted ads

b)

Hosting a contest

c)

Explaining product features

d)

Getting a blogger to review your product

25.

Which example represents direct marketing?

a)

A loyalty punch card

b)

A charity event

c)

A school flyer

d)

A text message offering 20% off

26.

Which tool is described as paid, one-way communication?

a)

Personal Selling

b)

Public Relations

c)

Sales Promotion

d)

Advertising

27.

Which tool is known as the “Act Now!” tool?

a)

Public Relations

b)

Personal Selling

c)

Direct Marketing

d)

Sales Promotion

28.

Which tool is best when a customer needs personal guidance before buying?

a)

Sales Promotion

b)

Advertising

c)

Direct Marketing

d)

Personal Selling

29.

Which tool is known as earned media?

a)

Advertising

b)

Sales Promotion

c)

Personal Selling

d)

Public Relations

30.

Which tool sends messages designed to get a quick response?

a)

Sales Promotion

b)

Advertising

c)

Public Relations

d)

Direct Marketing