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Business Organizations Flashcards | StudBud
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Business Organizations
Business Organizations
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Flashcards
12 cards
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Practice quiz
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Questions
12
Answers
1
I'm made up of 8% of business and sales in the US?
Partnership
Economy Equity
Free Trade
Scarcity
2
How many basic forms of organizations are there?
1
108
3
8
3
Are easy to start and easy to get out of business disadvantages of business organizations?
A and B
True
False
B
4
Only shareholders own me?
15% Giftcard
Corporation
Social Security
Government
5
Is hardest to raise capital an advantage of basic form of organizations?
False
Both A and B
Maybe
True
6
A legal form of business between 2 or more individuals who shares a running & profits.
Tariffs
Voluntary Exchange
Management
Partnership
7
I have the lowest % on both businesses and sales in the US?
Communism
Partnership
Socialism
Finance
8
I made up of 87% of all sales in the US?
T-Mobile
Corporation
Walmart
Market Economy
9
Which basic form of organizations is owned by 1 person?
Privatization
Sole Proprietorship
Profit Motive
10
Are hardest to raise capital and limited life disadvantages of business organizations?
True
Both A and B
False
11
I'm made up of 5% of all sales?
Partnership
Corporation
Sole Proprietorship
12
Which economic organization makes up of 72% of business in the US?
Sole Proprietorship
Economics
Entrepreneurship
Economic Freedom
