Best liability protection
Which of the following business ownership structures offers the best liability protection but higher taxes? A. Nonprofit corporation B. C corporation C. Partnership D. Sole proprietorship.
Read more →Quizzma library
Business
Browse Business resources and answers on Quizzma.
Simplest ownership structure
Which of the following business ownership structures is the simplest and easiest to set up? (A) A partnership (B) An LLC (C) A sole proprietorship (D) A corporation.
Read more →Complete business communication
To be complete, a business communication should: (A) repeat main points so that readers know what is important. (B) be accurate. (C) be specific. (D) provide all relevant information.
Read more →Types of goals in business
Select all that apply: What are the types of goals in business? (Choose every correct answer) A. Long-term B. Noncommittal C. Short-term D. Nonspecific.
Read more →Common business forms
Three common forms of business organizations include ______.
Read more →Reasons for writing a business plan
Select all that apply: What are reasons for writing a business plan? To hire employees. To gain financial backing. To work out the specifics.
Read more →Digital marketing helps
Digital marketing helps businesses do what? (Select all that apply) Inspire loyalty. Build trust. Process online transactions. Better serve customers.
Read more →Business buyer decisions
Business buyers use which of the following to make decisions? (Select all that apply) Emotion. Total product offer. Product specifications. Rational processes.
Read more →Examples of business transactions
Examples of business transactions include: (Select all that apply) net income. purchases. liabilities. payments.
Read more →Which business is a partnership?
Select the correct answer. Which of these businesses is a partnership? A. The Lin and Ching families’ Chinese restaurant B. Karton’s furniture-manufacturing business C. Jane Larson’s gift shop.
Read more →Long-range vision
Successfully starting and running a business requires drive, talent, and a clear vision of a long-range: A. goal B. problem C. loss
Read more →Difference between goal and outcome
When there is a difference between a goal and the actual outcome, this is known as a(n) ________. 1. multiple choice question 2. ethical dilemma 3. failure 4. business plan 5. problem
Read more →Financial analysis component
The financial analysis component of a business plan is to describe: A. How your business will be organized and what type of management or department structure your business will have. B. The “big picture” behind your business, what your…
Read more →Management section contents
What information goes into the management section of a full business plan? A. Key roles, team members, mentors, and advisers B. Operational issues like sourcing, acquisition of materials, production of products, packaging, distribution,…
Read more →Financial Plan section
What is included in the Financial Plan section of a business plan? a. The industry, structure, products, services b. A description of potential customers and competitors c. Income and cash flow, balance sheets, and financial projections…
Read more →Utility of a business plan
A business plan is useful to: A. Think through all aspects of the business B. Secure financing C. Set specific objectives D. All of the above
Read more →Describe executive summary
The executive summary component of a business plan is to describe: A. Where the funds to start and operate your business will come from, when you expect to see profit, and how much profit you expect to see. B. The size of the market, how…
Read more →Who prepares the business plan?
The business plan should be prepared by the entrepreneur, although ______. a) it is a lot of work and not worth it b) it is really not helpful for a business start-up c) the entrepreneur may not have the time to do it themselves d) it…
Read more →Business plan—solution section
What section of a business plan addresses the solution you are presenting to the market? 1. The market analysis 2. The business description 3. The management plan 4. None of the above
Read more →Strategic positioning
Strategic positioning attempts to achieve sustainable competitive advantage by: A. Creating a meaningful mission statement B. Performing similar activities as those of rivals and in similar ways C. Changing key aspects of a company’s…
Read more →Joint venture entry strategy
A company that lacks sufficient resources to operate in another country may choose to form a(n) _______ by finding a local partner to share the costs and operation of the business. A. importing agreement B. outsourcing partnership C.…
Read more →Purchasing power of a dollar
The amount of goods and services you can buy with a dollar in the global market: A. is not affected by the value of a dollar B. increases during a period of inflation C. increases with a falling dollar value D. increases with a rising…
Read more →Stakeholder definition
A stakeholder is: A. the largest shareholder. B. a shareholder without voting rights. C. any person or entity that is owed money by a business. D. any person or entity that has an interest in the success and outcomes of a business
Read more →Performance measure
A measure of performance that tells a firm whether they are doing as well as their competitors in generating income from sales is called: A. Return on Sales B. Earnings Per Share C. The Current Ratio D. Return on Equity
Read more →AIM process
Aim is a process for ______ the writing of useful business messages. A. publishing B. planning C. reviewing D. critiquing
Read more →Beverly is creating a website for her new clothing company. Aside from including photographs, how can she use the index page to quickly attract the attention of young adults looking for the latest summer fashions?
Beverly is creating a website for her new clothing company. Aside from including photographs, how can she use the index page to quickly attract the attention of young adults looking for the latest summer fashions? A. She can use a simple…
Read more →What happens to a public policy after it has been implemented?
What happens to a public policy after it has been implemented? A. It is evaluated to see if it helped address an issue. B. It goes to the president for final approval. C. It goes through a trial period before becoming law. D. It is only…
Read more →Which powers are solely at the state level?
Which powers are solely at the state level? A. expressed B. implied C. concurrent D. reserved
Read more →Which of the following social media guidelines suggests that you should “stay in your lane”?
Which of the following social media guidelines suggests that you should “stay in your lane”? A. You are responsible for the content you post on social media and other websites. B. You must make it clear that you are speaking for yourself…
Read more →The video ‘Fast Food, Fat Profits: Obesity in America’ points out that part of the problem with obesity is that cheap and unhealthy food is
The video ‘Fast Food, Fat Profits: Obesity in America’ points out that part of the problem with obesity is that cheap and unhealthy food is A. heavily subsidized B. widely available C. tasty D. untaxed
Read more →Which of the following are basic components of the Constitution? Select all that apply.
Which of the following are basic components of the Constitution? Select all that apply. A. Articles B. Endnotes C. Amendments D. Preamble
Read more →Which statement about culture is correct?
Which statement about culture is correct? A. People who share values have the same culture. B. Culture cannot be learned, because a person is born with it. C. Culture is static, and therefore it does not change. D. People who live in the…
Read more →What is one of the objectives of the Marine Corps promotion system?
What is one of the objectives of the Marine Corps promotion system? A. To promote based upon completion of training and education courses B. To promote to the next higher grade Marines who do not perform satisfactorily C. To ensure that…
Read more →Division of labor
Division of labor A. advantages some people over others. B. divides activities among different people. C. encourages social inequality. D. all of these
Read more →The Constitution separates the powers of the federal government among which entities?
The Constitution separates the powers of the federal government among which entities? A. Executive Branch and Department of Defense B. National government, state government, and county government C. Executive Branch, Legislative Branch,…
Read more →A person likes every flavor of yogurt but peach. However, they keep getting the peach flavor and tell a staff member about it. How would this interaction be described?
A person likes every flavor of yogurt but peach. However, they keep getting the peach flavor and tell a staff member about it. How would this interaction be described? A. Whine B. Complaint C. Compliment D. Grievance
Read more →A society is called “egalitarian” when its members have equal access to:
A society is called “egalitarian” when its members have equal access to: A. leadership positions in a stratified society. B. resources and/or prestige. C. wealth within the nuclear family. D. balanced reciprocity.
Read more →In the last thirty years, the Ju/’hoansi (!Kung), like many former foragers, have:
In the last thirty years, the Ju/’hoansi (!Kung), like many former foragers, have: A. Maintained a foraging lifestyle. B. Transitioned to work as farm laborers and ranchers. C. Ceased to exist as a society. D. No longer held traditional…
Read more →Many aquatic foraging societies, such as the Salish of the Pacific Northwest coast, are unique among foragers because they:
Many aquatic foraging societies, such as the Salish of the Pacific Northwest coast, are unique among foragers because they: A) are sedentary with some social stratification. B) are partly horticulturalist and are egalitarian. C) are…
Read more →Which Senate committee makes recommendations about how federal revenues (money) can be spent?
Which Senate committee makes recommendations about how federal revenues (money) can be spent? A. Appropriations Committee B. Ways and Means Committee C. Finance Committee
Read more →Which one of the following is a special power of the House of Representatives?
Which one of the following is a special power of the House of Representatives? A. Has sole power to initiate all tax measures B. Ratifies treaties C. Conducts impeachment trial following vote in House
Read more →Select the best answer: What is a sign that may indicate someone may become violent?
Select the best answer: What is a sign that may indicate someone may become violent? A. Smiling and laughing B. Being as quiet as they usually are C. Saying things that do not make sense D. Talking about a football game in which their…
Read more →What is the purpose of an SMA? Select the two correct answers.
What is the purpose of an SMA? Select the two correct answers. A. To protect the environment B. To improve safety C. To keep everyone happy D. To create a paper trail
Read more →Of the following, which is NOT a consequence of horticulture?
Of the following, which is NOT a consequence of horticulture? A) Denser populations B) More sedentary way of life C) Strict egalitarianism D) The beginnings of social differentiation
Read more →Which is not an argument for free trade?
Which is not an argument for free trade? A. It results in less expensive goods for many people. B. It encourages international cooperation. C. It eliminates unemployment in developed nations. D. It allows countries to focus on what they…
Read more →The term given to measurement from remote sources using transmitters to send data back to a base station is known as:
The term given to measurement from remote sources using transmitters to send data back to a base station is known as: A. Telephony B. Telemetry C. Psychometry
Read more →Transport companies must register under the General Data Protection Regulation computer records containing:
Transport companies must register under the General Data Protection Regulation computer records containing: A. Financial information about the company B. Delivery locations C. Vehicle maintenance records D. Copies of employee driver…
Read more →What are the two forms of technological stratification?
What are the two forms of technological stratification? A. Digital Divide & Knowledge Gap B. Knowledge Metrics & Device Access C. Student Knowledge & Elderly Access D. Computer Access & Information Technology
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