Business Organization Quiz

Business Organization Quiz

8th Grade

25 Qs

quiz-placeholder

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Business Organization Quiz

Business Organization Quiz

Assessment

Quiz

Computers

8th Grade

Easy

Created by

Marilyn Cash

Used 2+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Sole Proprietorship?

Owned by two or more people

Contractual agreement to sell a company’s products or services in a specific geographic area

A company that does business and has business facilities in many countries

Owned by one person

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What defines a Partnership?

Owned by two or more people

Contractual agreement to sell a company’s products or services in a specific geographic area

A company that does business and has business facilities in many countries

Owned by one person

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Corporation?

Owned by two or more people

Contractual agreement to sell a company’s products or services in a specific geographic area

A company that does business and has business facilities in many countries

Owned by many people—stockholders, but treated by law as one person

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Franchise?

Owned by two or more people

Contractual agreement to sell a company’s products or services in a specific geographic area

A company that does business and has business facilities in many countries

Owned by one person

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Non-Profit organization?

Owned by two or more people

Contractual agreement to sell a company’s products or services in a specific geographic area

A company that does business and has business facilities in many countries

A business whose goal is to provide a service rather than to make a profit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What characterizes a Multinational company?

Owned by two or more people

Contractual agreement to sell a company’s products or services in a specific geographic area

A company that does business and has business facilities in many countries

Owned by one person

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of business is McDonald's?

Sole Proprietorship

Partnership

Corporation

Franchise

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