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Bussiness Organizations

Quiz by Zachary Reardon

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11 questions
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  • Q1
    What is a Business Organization?
    Question Image
    An entity that must sell stocks in order to operate.
    An entity that consumes goods and services from suppliers.
    An entity that regulates the marketplace through regulation, taxes, subsidies, etc.
    An entity that supplies goods and services to consumers.
    45s
  • Q2
    Which of the Following IS NOT one of the Phases of the Business Cycle?
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    Peak
    Valley
    Expansion
    Contraction
    60s
  • Q3
    Which of the following business organizations is owned an managed by a single individual?
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    Partnership
    Corporations
    Sole Proprietorship
    Limited Liability Corporation
    45s
  • Q4
    If McDonalds were to purchase In-n-out, would it be a Vertical Merger or a Horizontal Merger?
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    Vertical Merger
    Horizontal Merger
    60s
  • Q5
    Home Depot is a corporation that operates in more than one country. It can be Referred to as a Multi-National Corporation or __________
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    MNC
    45s
  • Q6
    __________ are shares of a company, that represent an individual's portion of ownership in a company.
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    Stocks
    120s
  • Q7
    Companies who sell stocks can be either ___________ held or _________________ held.
    Closely (Privately) or Publicly
    Physically or Virtually
    Tightly or Loosely
    Secretly or Publicly
    120s
  • Q8
    How are Privately owned businesses different from Publicly owned businesses?
    Private Businesses and Public Businesses are basically the same.
    Private businesses only allow certain types of people to consumer their products where as public businesses allow anyone to consumer their goods or services.
    Private Businesses are regulated by the government and Public Business is owned by the government
    Private Business is owned by the government by regulated by individual citizens
    45s
  • Q9
    Which of the following IS NOT an economic indicator used to determine where the economy is currently operating within the business cycle?
    Consumer Expectations
    New Home Sales
    Stock Market
    Interest Rates
    45s
  • Q10
    What does this picture represent?
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    Horizontal Merger
    The Market
    Vertical Merger
    A Business Conglomerate
    120s
  • Q11
    Which of the following would NOT be considered a non-profit organization?
    Dentists
    Make-A-Wish Foundation
    The American Red cross
    A local Church
    45s

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