Types of Business

Front

Name the 4 Types of Business:

Back

franchise, corporation, partnership, sole proprietorship

Front

Which is a reason to NOT start a business: To make a profit, Make your own schedule, Pursue your dreams, To pay back loans

Back

To pay back loans

Front

Which is NOT a function of a business? Options: accounting, human resources, marketing

Back

employee benefits

Front

Which is an example of a good? Options: television repair, pedicure, shoes, haircut

Back

shoes

Front

Walmart is an example of a: single owner, partnership, corporation, non-profit

Back

corporation

Front

A father who wants to take his son into the business with him should form a......

Back

partnership

Front

Someone who wants to control all aspects of the business should form this type of business.

Back

sole proprietorship

Front

Which is an example of a service?

Back

dog grooming

Front

A disadvantage of a franchise would be.... Options: having to move, not enough employees, too much control, limited control

Back

limited control

Front

What type of business does not exist to earn revenue but to help others or serve a need in a community?

Back

non-profit