To sell sweatshirts, jackets, and T-shirts imprinted with ABC University's logo, the Collegiate Sportswear Company pays royalties to the university. What type of business ownership does this situation exemplify?

Business Management DECA

Quiz
•
Other
•
9th Grade
•
Hard
Laura Berry
FREE Resource
100 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business-format franchise
Licensing agreement
General partnership
Multilevel marketing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements is true about the directing function of management:
It uses standardized communication.
It is results driven rather than performance driven.
It is a continuous process.
It primarily occurs at the lowest level of the organization.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Legal ownership of purchases does not pass to the purchaser until all payments have been made if the purchaser uses __________ credit.
regular
trade
installment
revolving
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Belinda is reviewing departmental reports to determine why the business's outputs have been decreasing steadily over the last six weeks. Belinda is analyzing issues related to
human resources.
finance.
production.
distribution.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a trade secret:
Legal document
Credit report
Trade journal
Customer list
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
While opening a large box of office supplies, Kendall accidentally cut her finger with the box cutters she was using. Another employee, Jorge, was helping Kendall at the time and witnessed the accident. What is the first thing that Jorge should do?
Fill out an accident report
Put the office supplies away
Call Kendall's doctor
Administer first aid
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Before filing a civil lawsuit in court, Kwame's attorney sent a letter to Tosh's attorney. In the letter, Kwame's attorney explained why they believe they would win a lawsuit against Tosh. Kwame's attorney sent a(n) __________ letter to Tosh's lawyer.
demand
apology
recommendation
invitation
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