Principles of Business

Which of the following is a natural resource?

• Sunlight

• A computer programmer

• A fishing net

• Money

Which one is the easiest form of business to start and end?

• Limited liability partnership

• Corporation

• Franchise

• Sole proprietorship

Which of the following is a rational motive for buying a car?

• The model is popular with your friends.

• The car can go farther on a liter of patrol than other cars you are considering.

• Among the cars you are considering, this is the only one that comes in your favorite color.

• You feel strongly that you should buy a car that is made in Germany.

_________ values are the important principles that will guide decisions and actions in the company.​ ​ (a)   ​

• Core
• Family
• Strategic
• Community

Which intellectual property explains the following statement:

"A distinctive name, symbol, word, picture, or combination of these that a company uses to identify products and services"?

• Patent

• Copyright

• Trademark

• Trade Secret