Quiz: Can You Answer These Business Basics Questions?

9 Questions | Total Attempts: 216

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Quiz: Can You Answer These Business Basics Questions? - Quiz

This quiz will test your knowledge about the content of Chapter 15


Questions and Answers
  • 1. 
    Explain in one paragraph the three types of business ownership (sole proprietorship, partnership, corporation).
  • 2. 
    A single - unit business is also called a(n)
    • A. 

      Unibusiness

    • B. 

      Independent business

    • C. 

      All-in-one business

    • D. 

      Location limited business

  • 3. 
    There are three management levels. Which one is closest to the workers?
    • A. 

      Upper Management

    • B. 

      Supervisory Management

    • C. 

      Middle Management

    • D. 

      Divisional Management

  • 4. 
    The five management functions are: Planning, Leading, Staffing, Firing and Controlling.
    • A. 

      True

    • B. 

      False

  • 5. 
    Hotels are typically divided between the rooms division and the Food and Beverage division. However, there may be other divisions in the hotel. What are they?
    • A. 

      Security

    • B. 

      Accounting

    • C. 

      Sales

    • D. 

      Human Resources

    • E. 

      ALL OF THE ABOVE

  • 6. 
    A sole proprietor is the sole owner and operator of the business
    • A. 

      True

    • B. 

      False

  • 7. 
    The people who are responsible for the running of the ENTIRE company.
    • A. 

      Upper Management

    • B. 

      Supervisory Management

    • C. 

      Middle Management

    • D. 

      Crooks (see AIG)

  • 8. 
    True or False : Restaurants have two main divsions, Front of the house and Back of the house.
    • A. 

      True

    • B. 

      False

    • C. 

      I slept through this class when they taught this

  • 9. 
    A division that sells a product that brings a business money is called a revenue center.
    • A. 

      True

    • B. 

      False

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