Is a type of business which only one person owns the business.
What is Sole Proprietorship?
100
Two or more people owns the business and share profits and losses.
What is a Partnership?
100
This has an existence of its own separate from those who created it or own it.
What is a Corporation?
100
Owners aim to benefit from low prices and/or distribution of surplus at the end of the year.
What is a cooperative?
100
The greatest proportion of goods and services in Canada is produced.
What is enterprise?
200
This person is called that name if he/she created or started a business. (Hint: answer is not proprietor)
What is an entrepreneur?
200
Partnerships involve an oral or written agreement specifying the money, skills and participation to be provided by each partner. (answer "What is... true/false")
What is true?
200
A kind of business which the "Queen" owns businesses like CBC (Canadian Broadcasting Corporation).
What is a Crown operation?
200
These people are called whom own a piece of the business, in the form of shares, and are allowed to vote.
What are shareholders?
200
Another name for a business or enterprise. (Hint: starts with the letter 'f')
What is firm?
300
The owner gains money after all of the expenses are paid.
What is profit?
300
Business owners can have arguments or different methods in managing the business therefore lack in productivity.
What is a disadvantage of a partnership?
300
This organization are owned and controlled by private individuals.
What is a private corporation?
300
Is an example of a Cooperative.
What is... (answers may vary: Fresh produce, Farming cooperatives, John Lewis department store, credit union)?
300
Type of enterprise where the government (the public) supply the goods and services.
What is public enterprise?
400
Anything that the bank can or will take if the business owner does under bankruptcy, i.e. your house, car, or store.
What are assets?
400
Another name for money (Hint: 'C').
What is capital?
400
This piece of paper that lets you become part-owner of the business.
What is a share?
400
Farmers came together and formed a business.
What is producer's cooperatives?
400
B.C. Hydro is a type of business. (answer "What is... true/false")
What is True
500
Sole Proprietorship: the business owner makes all of the decisions and gets all the money.
What is an advantage of sole proprietorship?
500
Restaurants are a kind of partnerships (answer in "what is... true/false?")
What is true?
500
A type market that: "the bull throws you up, and the bear pulls you down"
What is the stock market?
500
In 1861, This province that started the first cooperation in Canada (Hint: Atlantic Canada)
What is Nova Scotia?
500
In Star Trek: Original Series, the USS Enterprise captain was Spock. (answer "What is... true/false")