Business Test Unit 1-Business Fundamentals

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BB120 Test 1-Unit 1- Business Fundamentals

Format

True/False and Multiple Choice 15

Short Answer-pick 3 of 4 15

Scenarios - 2 10

Test Total 40

Content

-impact of business on your life

-tucker

-entrepreneurship-characteristics and skills

-business structures

partnerships

corporations

sole proprietorship

franchising

-supply and demand-what impact do they have on price?

-powerful Canadian business people-characteristics and skills

-CSR

principles

-Ethical issues for businesses

Ford pinto

-role of business and consumer

-news items we've discussed in class