Intro to Business Ch. 6

Nonprofit organizations

An advantage of a partnership is that

Which is NOT an advantage of a partnership

The process that involves getting consumers to buy a product or service is

Companies benefit when all functional areas

A contractual agreement to use the name and sell the products or services of a company is

Which is not an example of a franchise

Process of achieving company goals by planning,organizing,directing,and controlling resources

Which of the following type of business is taxed twice

Processed goods include all of the following except

Also know as distributors is

An organization that is owned and operated by its members is

A type of business that focuses on providing a service, not making a profit is

The most common type of business in the United States are

The buying and selling of goods that have already been produced is

In order to start a corporation, the first thing one must do is

A disadvantage of a Sole Proprietorship is

Retailers get their goods from

Consumers usually deal directly with

The biggest disadvantage that corporations face is

Cooperatives were formed to

The process of planning,pricing,selling,distributing ideas and goods is

The 3 main types of business organizations are Sole Proprietorship, partnership and

The process of creating,expanding,manufacturing, or improving goods and services is

Unlimited liability means the owner is responsible for

A business that moves goods from one business to another is

The business or art of money mangement is