What is the term for a business owned and operated by one individual?
Business Concepts and Skills Quiz

Quiz
•
Business
•
10th Grade
•
Easy

Charles Kilbourn
Used 1+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Corporation
Sole Proprietorship
Franchise
LLC
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which document is typically sent with a resume to introduce yourself to a potential employer?
Follow-up letter
Reference Letter
Cover Letter
Exit Interview
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does LLC stand for?
Limited Liability Company
Limited Liability Corporation
Legal Liability Company
Local Limited Corporation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term refers to the process of bringing new employees into an organization and helping them adjust?
On-boarding
Recruiting
Staffing
Turnover
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of an exit interview?
To hire new employees
To provide a bonus
To understand why an employee is leaving
To review job descriptions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a benefit of successful teamwork?
Improved productivity
Increased turnover
Higher commission
More job descriptions
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a franchise?
A business model where individuals can operate a branch of an established company
A type of bonus
A type of resume
A form of compensation
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