Business Management And Law Ch 4 (part2) Question Preview (ID: 7454)


Second Part Of Chapter 4 Test. TEACHERS: click here for quick copy question ID numbers.

The number of contingent workers in the US is expected to
a) decrease.
b) increase.
c) stay about the same.
d) fall to near zero.

Workers are organized by job type in a(n)
a) matrix organizational structure.
b) policy manual
c) functional organizational structure.
d) organizational chart.

About what percentage of US businesses have no employees other than the owner?
a) less than one percent.
b) about 25 percent.
c) about 50 percent.
d) about 75 percent.

Workers are organized by project, product, or customer in a
a) cubicle farm.
b) matrix organizational structure.
c) hierarchical organizational structure.
d) functional organizational structure.

About what percentage of US businesses have more than 100 employees?
a) less than one percent.
b) about 25 percent.
c) about 50 percent.
d) about 75 percent.

Which of these is not a producer?
a) an automobile maker.
b) a fisherman.
c) a store owner.
d) a coal miner.

The most difficult type of business to form is a
a) proprietorship
b) partnership
c) general partnership
d) corporation

A joint venture
a) can only be formed by two or more people.
b) is formed when two or more businesses work together on a specific project.
c) is formed when two or more businesses merge into one large business.
d) is illegal in most states.

A business' general direction can be found in its
a) policy manual.
b) goals sheet.
c) code of ethics.
d) mission statement.

The power to make decisions about how to accomplish a task is known as
a) responsibility
b) accountability
c) authority
d) amenability

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