Fall H&T 1.01_Test_Bank

Fall H&T 1.01_Test_Bank

Assessment

Flashcard

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9th - 12th Grade

Hard

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30 questions

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1.

FLASHCARD QUESTION

Front

In 1956, President Eisenhower signed an act that gave people the opportunity to drive greater distances more easily. This was the

Back

Federal-Aid Highway Act.

2.

FLASHCARD QUESTION

Front

Which might be a downside of a managed business?

Back

As owner, you may not have a say in how things are run.

3.

FLASHCARD QUESTION

Front

A company that allows another to use its name, sell its products, and receive services is a(n)

Back

franchise.

4.

FLASHCARD QUESTION

Front

A business that is owned by a group or individual who is separate and apart from normal business operations is

Back

managed.

5.

FLASHCARD QUESTION

Front

Betsy’s Bakery is privately owned and operated. This is an example of a(n)

Back

independent business.

6.

FLASHCARD QUESTION

Front

A business that owners buy into with a proven standard system of operation is called a(n)

Back

franchise.

7.

FLASHCARD QUESTION

Front

Which is an example of a corporate social responsibility initiative? A non-profit requires 13 employees over the age of 60 to retire early, A publicly held company distributes dividends to its shareholders, A privately held company donates computers to schools in an economically challenged area, An organization lays off 300 workers in an effort to restore diminishing profit margins

Back

A privately held company donates computers to schools in an economically challenged area

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