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Business Organizations Flashcards | StudBud
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Business Organizations
Business Organizations
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1
What is a term that refers to wear and tear on capital goods?
Depreciation
Taxes
Expenses
Cash flow
2
In order to incorporate, Schock's lemonade business must get permission from:
Both
National Government
State Government
3
A stock that gives you voting rights in the company
Common Stock
Preferred Stock
Usual Stock
Regular Stock
4
Why would a company become a conglomerate?
All apply
o increase profits
Assure its investments aren’t put at risk with one business
To expand a firm’s market opportunity
5
Which business is the most aware to consumer demand?
Dunkin' Donuts
None. Donuts are bad for you!
Maple Donuts
Crispy Cream
6
What is a fundamental way of growing a business?
Giving workers pay raises
Reinvesting profits in the business
Buying more products
Putting profits into the owner's salary
7
How did McDonalds start out? As a:
Sole-Proprietorship
Corporation
Partnership
8
Who lost control of his business after he incorporated?
Bill Gates
Kevin Plank
Steve Jobs
9
Most shareholders vote
True
False
10
What is the most common form of business in the U.S.?
Partnerships
Sole Proprietorship
Corporations
Lazer Pen Companies
11
Which business is known for collaborative management?
Sole-Proprietorships
Partnerships
Corporations
12
What is the equivalent of an IOU?
Charters
Stocks
Bonds
Dividends
13
What is Sony an example of?
Multinational
Conglomerate
Sole-Proprietorship
Partnership
14
Which kind of business organization has the simplest process of entering the market?
Corporation
Sole-Proprietorship
Partnership
15
What is a positive aspect of multinationals?
All apply
Creates higher quality products
Brings a variety of products to a vast amount of consumers
Brings global competition
16
What shows the REAL profits of a business?
Cash money!
Sales
Net income
Cash flows
17
What business is the least common type?
Corporations
Partnerships
Sole-Proprietorships
18
What country has the richest corporation in the world?
U.S.
Germany
China
Japan
19
When Disney and Pixar change from being two separate companies to one single company it is a:
Business exchange
Conglomerate
Drop out
Merger
20
Which business has the hardest time raising capital?
Corporations
Partnership
Sole-Proprietorship
21
What business has unlimited life?
Corporation
Sole-Proprietorship
Partnership
22
What type of Merger joins companies that make up the different parts of production?
Horizontal Merger
3D Merger
Diagonal Merger
Vertical Merger
23
The terms of partnership and how possible profits or losses will be divided are put on:
Articles of Cooperation
Document of Partnership
Terms of Cooperation
Articles of Partnership
24
A general partner:
is fully responsible for actions of other partners
both
is fully responsible for his/her actions
is not regularly involved
