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Bussiness Organizations
Quiz by Zachary Reardon
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11 questions
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- Q1What is a Business Organization?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
- Q2Which of the Following IS NOT one of the Phases of the Business Cycle?PeakValleyExpansionContraction60s
- Q3Which of the following business organizations is owned an managed by a single individual?PartnershipCorporationsSole ProprietorshipLimited Liability Corporation45s
- Q4If McDonalds were to purchase In-n-out, would it be a Vertical Merger or a Horizontal Merger?Vertical MergerHorizontal Merger60s
- Q5Home Depot is a corporation that operates in more than one country. It can be Referred to as a Multi-National Corporation or __________MNC45s
- Q6__________ are shares of a company, that represent an individual's portion of ownership in a company.Stocks120s
- Q7Companies who sell stocks can be either ___________ held or _________________ held.Closely (Privately) or PubliclyPhysically or VirtuallyTightly or LooselySecretly or Publicly120s
- Q8How 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 governmentPrivate Business is owned by the government by regulated by individual citizens45s
- Q9Which of the following IS NOT an economic indicator used to determine where the economy is currently operating within the business cycle?Consumer ExpectationsNew Home SalesStock MarketInterest Rates45s
- Q10What does this picture represent?Horizontal MergerThe MarketVertical MergerA Business Conglomerate120s
- Q11Which of the following would NOT be considered a non-profit organization?DentistsMake-A-Wish FoundationThe American Red crossA local Church45s