Exam 4: Options for Organizing Business

Organizations such as the National Aeronautics and Space Administration and the U.S.Postal Service that are owned by the federal,state,or local governments are known as _____.

(Multiple Choice)

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Question 81

Salma owns a pharmacy near a hospital.She started the business with a personal loan and is wholly responsible for repaying it.Salma also needs to pay personal income tax on the profits generated from the business.Her business is an example of a(n):

(Multiple Choice)

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Question 82

Which type of stockholders usually has the right to vote and elect the board of directors?

(Multiple Choice)

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Question 83

Assure Pharma Corp.,a private corporation,sold its stock to raise the money it required for global expansion.As a result,anyone could buy,sell,or trade the stocks of the company.The process adopted by Assure Pharma Corp.to raise money is referred to as _____.

(Multiple Choice)

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Question 84

_____ are profits of a corporation that are distributed in the form of cash payments to stockholders.

(Multiple Choice)

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Question 85

Which of the following statements is true of private corporations?

(Multiple Choice)

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Question 86

Which of the following statements is true of preferred stockholders?

(Multiple Choice)

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Question 87

Limited partners have no voice in the management of the partnership.

(True/False)

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Question 88

Maria wants to start a new business in collaboration with her husband and brother-in-law.The features she is looking for in the business are as follows: least possible regulatory controls,faster decision making,and ease of organization.She also wants a business in which she will not be forced to pay off any business debts from her personal assets.Which type of business ownership will be best suited to her needs?

(Multiple Choice)

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Question 89

A(n)_____ is a form of business ownership that is difficult to form and operate and it also restricts the number and types of shareholders.

(Multiple Choice)

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Question 90

Which of the following statements is true of joint ventures?

(Multiple Choice)

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Question 91

An organization composed of individuals or small businesses that have banded together to reap the benefits of belonging to a larger organization is known as a(n)_____.

(Multiple Choice)

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Question 92

Which of the following is true of the distribution of profits earned by a partnership?

(Multiple Choice)

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Question 93

In a sole proprietorship,the owner has complete control over the business.This allows the owner to:

(Multiple Choice)

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Question 94

Which of the following forms of business ownership requires owners to perform many functions and possess diverse skills to make decisions?

(Multiple Choice)

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Question 95

Showing 81 - 95 of 95

Organizations such as the National Aeronautics and Space Administration and the U.S.Postal Service that are owned by the federal,state,or local governments are known as _____.

Salma owns a pharmacy near a hospital.She started the business with a personal loan and is wholly responsible for repaying it.Salma also needs to pay personal income tax on the profits generated from the business.Her business is an example of a(n):

Which type of stockholders usually has the right to vote and elect the board of directors?

Assure Pharma Corp.,a private corporation,sold its stock to raise the money it required for global expansion.As a result,anyone could buy,sell,or trade the stocks of the company.The process adopted by Assure Pharma Corp.to raise money is referred to as _____.

_____ are profits of a corporation that are distributed in the form of cash payments to stockholders.

Which of the following statements is true of private corporations?

Which of the following statements is true of preferred stockholders?

Limited partners have no voice in the management of the partnership.

A(n)_____ is a form of business ownership that is difficult to form and operate and it also restricts the number and types of shareholders.

Which of the following statements is true of joint ventures?

An organization composed of individuals or small businesses that have banded together to reap the benefits of belonging to a larger organization is known as a(n)_____.

Which of the following is true of the distribution of profits earned by a partnership?

In a sole proprietorship,the owner has complete control over the business.This allows the owner to:

Which of the following forms of business ownership requires owners to perform many functions and possess diverse skills to make decisions?

The Dynamics of Business and Economics

Business Ethics and Social Responsibility

Business in a Borderless World

Small Business,entrepreneurship,and Franchising

The Nature of Management

Organization,teamwork,and Communication

Managing Service and Manufacturing Operations

Motivating the Workforce

Managing Human Resources

Customer-Driven Marketing

Dimensions of Marketing Strategy

Digital Marketing and Social Networking

Accounting and Financial Statements

Money and the Financial System

Financial Management and Securities Markets

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