Business Characteristics

Which of the following is an example of a non-profit organization?

• Beauty salon

• American Red Cross

• McDonalds

• Amazon

The process of posting positions and hiring employees is carried out by which department?

• Marketing

• Distribution

• Management

• Human Resources

Intrinsic motivation occurs internally and includes enjoyment and accomplishment.

• True

• False

A system used to record, classify, summarize and report the financial position of a business is known as which of the following?

• Management

• Distribution

• Accounting

• Human resources

Which is not a classification of the financial entries affecting the financial position of a business

• Assets

• Statement

• Liabilities

• Owner's Equity

Which one is not one of the 4 P's of marketing?

• Promotion

• Price

• Place

• People

• Product

Which of the following are the debts or obligations of a business?

• Assets
• Liabilities
• Owner's equity
• bonds

Items of value owned by a business are known as which of the following? 

• Assets
• Liabilities
• Owner's equity
• Bonds

Which of the following is an example of a service firm? 

• Cotton mill
• juice factory
• mine
• landscape company

Which of the following is NOT a level of Maslow’s hierarchy of needs? 

• Self-actualization
• Self-esteem
• Personal interest 
• Safety