Business > STUDY GUIDE > FBLA Introduction to Business Exam Questions with COMPLETE SOLUTION (All)
One of the disadvantages of having a partnership is - ✔✔unlimited liability An organization that is owned and operated by its members is a ______ - ✔✔cooperative A contractual agreement to u... se the name and sell the products or services of a company in a designated geographic area is called a ______ . - ✔✔franchise If one of your goals is to limit your personal liability, it would be best to organize your business as a ______ . - ✔✔cooperation A business owned by ten people who share the risks and rewards of the business is a ____ - ✔✔partnerships 3 c's - ✔✔Capital, Capacity, Character, makes a completely finished product out of raw or processed parts. - ✔✔manufacturer packagers - ✔✔processor producer - ✔✔make the before final product moves finished goods, stores them, and resells them to a wholesaler - ✔✔intermediary Which department in a company sets the price of a product? [Show More]
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