MP - Unit 4 Business and Marketing

This is a business owned by more than one person but personality conflicts can affect the business.

A business that sells its products in more than one country is called:

A business registered with the state with a board of directors where the owners can sell stock.

A small business employs

Which of the following is NOT a purpose of business?

A group that functions like a business but uses the money it makes to fund a cause.

A business that sells its product in more than one country is a(n)

A business owned by one person and is relatively easy and inexpensive to start.

When companies integrate social and environmental concerns into their business operations, this is called:

About 3/4 of all U.S. businesses fall into this category.

A group of establishments dealing with the same product or group of products is called a(n)

Government-financed agencies such as the Environmental Protection Agency are part of the

With this type of business, owners are protected from personal liability.

Responsibility for other people is called:

This is a business owned by one person who takes on the liability and keeps all the profit.

Which of the following is an advantage of entrepreneurship?

What is the primary advantage of an LLC?

A large business employs

A business that buys goods from wholesalers or manufacturers and resells them to consumers.