Small Business, Entre., Legal Structure Compensation Review

Quiz
•
Business
•
9th - 12th Grade
•
Medium
Brian Landau
Used 20+ times
FREE Resource
52 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What is a franchise?
Bought a license from a bigger company, have to follow specific guidelines
Content with where they are, key objective is to generate profit
Small Business
C-Corporation
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What is a small business?
Interested in exploring new opportunities, take risks, and grow profit
Amazon
A business with multiple stores
Content with where they are, key objective is to generate profit
3.
MULTIPLE SELECT QUESTION
45 sec • 2 pts
An Entrepreneur is / does: (Multiple Answers)
Interested in things staying the same and not interested in innovative ideas
Content with where they are, key objective is to generate profit
Takes on the all the risk at the beginning o the business process
Use his . her own capital to start the business.
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Which is not a service?
Manicure
Dog walking
T-shirt
Boat Detailing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Having someone shop for your groceries for a fee at the grocery store is:
Service based
Product based
Both
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Taking a Crossfit class is:
Service Based
Product Based
Both
7.
MULTIPLE CHOICE QUESTION
20 sec • 2 pts
When you buy into a franchise, do you receive ongoing support and help from the franchise owner/larger company & brand?
Yes
No
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