Exam 4: Options for Organizing Business
Exam 1: The Dynamics of Business and Economics94 Questions
Exam 2: Business Ethics and Social Responsibility94 Questions
Exam 3: Business in a Borderless World95 Questions
Exam 4: Options for Organizing Business95 Questions
Exam 5: Small Business, Entrepreneurship, and Franchising95 Questions
Exam 6: The Nature of Management95 Questions
Exam 7: Organization, Teamwork, and Communication95 Questions
Exam 8: Managing Service and Manufacturing Operations95 Questions
Exam 9: Motivating the Workforce94 Questions
Exam 10: Managing Human Resources95 Questions
Exam 11: Customer Driven Marketing95 Questions
Exam 12: Dimensions of Marketing Strategy94 Questions
Exam 13: Digital Marketing and Social Networking95 Questions
Exam 14: Money and the Financial System94 Questions
Exam 15: Accounting and Financial Statements95 Questions
Exam 16: Financial Management and Securities Markets95 Questions
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Ruji has realized that she does not like working for others.She wants to open a business in which she will have maximum control and the least interference from government regulation.Which business form might be best for her to use?
(Multiple Choice)
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It is easier to raise funds in a partnership than in a sole proprietorship because
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About three-quarters of all businesses in the United States are sole proprietorships,and they earn somewhere around 10 percent of total business income.We may conclude that
(Multiple Choice)
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Barber shops,dog kennels,and independent grocery stores are typically
(Multiple Choice)
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Which of the following organizational forms is most expensive to set up?
(Multiple Choice)
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Articles of partnership are required by many states for businesses that have two or more co-owners.The issues covered usually include all of the following except
(Multiple Choice)
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A leveraged buyout is an organization composed of small businesses that have banded together to reap the benefits of belonging to a larger organization.
(True/False)
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What is a leveraged buyout? What are some of the advantages of mergers and acquisitions?
(Essay)
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Why is taxation considered both an advantage and a disadvantage of the sole proprietorship organizational form?
(Essay)
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A sole proprietorship has limited sources of funds,which may affect the growth of the business.
(True/False)
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The biggest advantage of the corporate form of ownership may be the limited liability of its owners.
(True/False)
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The right of common stockholders to have the opportunity to purchase new shares of stock is called a
(Multiple Choice)
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How does the taxation of partnerships work? How is this different than with a corporation?
(Essay)
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When firms that make and sell similar products to the same customers merge,it is known as a
(Multiple Choice)
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Which of the following is not a disadvantage of forming a partnership?
(Multiple Choice)
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In a general partnership,each partner is liable only for the debts he or she incurs.
(True/False)
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Taking a company public means announcing its creation to the public.
(True/False)
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