Question 1

Which type of merger is done to increase customer bases?

Accepted Answer

A) Vertical merger 
B) Conglomerate company 
C) Joint venture 
D) Horizontal merger 
A) Vertical merger 
B) Conglomerate company 
C) Joint venture 
D) Horizontal merger

Question 2

The CEO of a corporation is automatically the chair of the board of directors.

Accepted Answer

A) True 
 B)False

Question 3

Complete the following using the terms listed.
-A(n)_____ joins firms in the same industry that wish to diversify,increase their customer base,cut costs,or offer expanded product lines.

Accepted Answer

A) small business 
B) corporation 
C) merger 
D) acquisition 
E) horizontal merger
F)conglomerate merger
G)Cooperative
H)vertical merger
I)business incubators
J)business plan
K)alien corporation
L)preferred stock
M)Franchising 
A) small business 
B) corporation 
C) merger 
D) acquisition 
E) horizontal merger
F)conglomerate merger
G)Cooperative
H)vertical merger
I)business incubators
J)business plan
K)alien corporation
L)preferred stock
M)Franchising

Question 4

Preferred shareholders typically have voting rights.

Accepted Answer

A) True 
 B)False

Question 5

Any firm with fewer than 1,000 employees is considered a small business.

Accepted Answer

A) True 
 B)False

Question 6

In public ownership a unit or agency of government owns and operates an organization.

Accepted Answer

A) True 
 B)False

Question 7

Compared to large businesses,which of the following statements regarding small businesses is correct?

Accepted Answer

A) Small businesses are less likely to hire young employees. 
B) Small businesses are less likely to develop new products. 
C) Small businesses are more likely to be eligible for government loans or for government purchasing programs. 
D) Small businesses are more likely to be franchises. 
A) Small businesses are less likely to hire young employees. 
B) Small businesses are less likely to develop new products. 
C) Small businesses are more likely to be eligible for government loans or for government purchasing programs. 
D) Small businesses are more likely to be franchises.

Question 8

Discuss two alternatives to private ownership and give an example of each.

Accepted Answer

Public ownership and cooperatives are al

Question 9

Diya owns FoodMart,the franchisee of a local retail shop.Which of the following will be one of Diya's chief concerns regarding owning the franchise?

Accepted Answer

A) The franchisor does not provide her with the required supplies. 
B) The franchising agreement is too restrictive. 
C) The franchise has the benefit of name recognition. 
D) The franchisor can negotiate better deals on ingredients,supplies,and real estate,because of its financial strength. 
A) The franchisor does not provide her with the required supplies. 
B) The franchising agreement is too restrictive. 
C) The franchise has the benefit of name recognition. 
D) The franchisor can negotiate better deals on ingredients,supplies,and real estate,because of its financial strength.

Which type of merger is done to increase customer bases?

The CEO of a corporation is automatically the chair of the board of directors.

Complete the following using the terms listed. -A(n)_____ joins firms in the same industry that wish to diversify,increase their customer base,cut costs,or offer expanded product lines.

Preferred shareholders typically have voting rights.

Any firm with fewer than 1,000 employees is considered a small business.

In public ownership a unit or agency of government owns and operates an organization.

Compared to large businesses,which of the following statements regarding small businesses is correct?

Discuss two alternatives to private ownership and give an example of each.

Diya owns FoodMart,the franchisee of a local retail shop.Which of the following will be one of Diya's chief concerns regarding owning the franchise?

The Changing Face of Business

Business Ethics and Social Responsibility

Economic Challenges Facing Todays Business

Competing in World Markets

Starting Your Own Business: the Entrepreneurship Alternative

Management,leadership,and the Internal Organization

Human Resource Management: From Recruitment to Labor Relations

Top Performance Through Empowerment, teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Trends in E-Commerce

Filters

Exam 5: Forms of Business Ownership and Organization

Which type of merger is done to increase customer bases?

The CEO of a corporation is automatically the chair of the board of directors.

Complete the following using the terms listed. -A(n)_____ joins firms in the same industry that wish to diversify,increase their customer base,cut costs,or offer expanded product lines.

Preferred shareholders typically have voting rights.

Any firm with fewer than 1,000 employees is considered a small business.

In public ownership a unit or agency of government owns and operates an organization.

Compared to large businesses,which of the following statements regarding small businesses is correct?

Discuss two alternatives to private ownership and give an example of each.

Diya owns FoodMart,the franchisee of a local retail shop.Which of the following will be one of Diya's chief concerns regarding owning the franchise?

The Changing Face of Business

Business Ethics and Social Responsibility

Economic Challenges Facing Todays Business

Competing in World Markets

Starting Your Own Business: the Entrepreneurship Alternative

Management,leadership,and the Internal Organization

Human Resource Management: From Recruitment to Labor Relations

Top Performance Through Empowerment, teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Trends in E-Commerce

Filters