Corporations
Franchises
Sole Proprieters
Partnerships
Feelin' Lucky
100
Raises money by selling shares on the stock exchange.
What is a public corporation?
100
A business that licenses its name, designs, and merchandise to another business.
What is a franchiser?
100
The person who owns and operates own business.
What is a sole proprieter?
100
A document that records terms of partnership.
What is a partnership agreement?
100
Corporations can be in one country or it can be this.
What is multinational?
200
Business operated by provincial or federal government.
What is a Crown corporation?
200
One who buys a liscense to operate a ready-made company.
What is a franchisee?
200
When the owner is responsible for all losses.
What is unlimited liability?
200
When partners are only responsible for what they invested in the business.
What is a limited partnership?
200
When the shareholders receive some of the profit a business makes.
What is a dividend?
300
A couple people own shares in this company.
What is a private corporation?
300
A franchisee's payment to franchiser before the start and their monthly payment.
What is a franchisee fee?
300
If a business is successful, the proprieter can enjoy this.
What is profits?
300
Name the famous partnership that started an ice cream business in 1978.
What is Ben & Jerry's?
300
Name the company that has been a sole proprietorship, a partnership, a corporation, and a franchise.
What is Tim Horton's?
400
Shareholders that run a large corporation.
What is a board of directors?
400
Name the franchise closest to our school.
What is Tim Horton's?
400
Sole proprieterships can often be found advertising in these:
What is yellow pages?
400
An partner who invests money in the business but has no say in how the business is run.
What is a silent partner?
400
The #1 franchise, based on financial strength and number of years in business, in 2006. HINT: Not McDonald's.
What is Subway?
500
Towns and cities as businesses providing services for local citizens.
What is a municipal corporation?
500
Name the company that has the most franchises worldwide.
What is McDonald's?
500
Name the sole propritership closest to our school.
What is Bib's?
500
When all partners are responsible for all business losses.
What is a general partnership?
500
A business owned by the workers or members who buy the product or use the service provided.
What is a co-operative operation?