A corporation unveils a new product or service that increases demand from customers. Would this likely make the stock price go up or down?
Up
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15
What management position is responsible for the entire corporation and reports to the board & shareholders? ("head honcho" of the company)
CEO/Chief Executive Officer
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15
How is a board of directors generally chosen?
Elected by shareholders (people who own stock)
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15
This type of corporation has publicly traded stock. The corporation pays tax on its income and dividends to shareholders.
C corporation
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15
If you own stock in a corporation, do you have any say in the business or management decisions?
No
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15
If you buy stock in a corporation and it goes bankrupt, how much money would you lose?
Only the amount of money you originally paid for the stock
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15
What management position deals with marketing, sales, production, and personnel management?
COO/Chief Operating Officer
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15
If a corporation goes bankrupt, what happens to the stock prices?
They will go down due to shareholders selling them and the company having no money to pay dividends
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15
A ____ is a certificated that declares partial ownership in a company. It may increase or decrease in value any time and can be sold.
Stock
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thief
Give points!
5
10
15
20
25
gold
Win 50 points!
Okay!
rocket
Go to first place!
Okay!
banana
Go to last place!
Oops!
seesaw
Swap points!
Oops!
gift
Win 25 points!
Okay!
shark
Other team loses 25 points!
Okay!
lifesaver
Give 20 points!
Oops!
seesaw
Swap points!
Oops!
magnet
Take 10 points!
Okay!
gift
Win 25 points!
Okay!
banana
Go to last place!
Oops!
15
The purpose of a _______ in a corporation is to work with high-level executives and develop business strategies as a group.
Board of directors
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15
This type of corporation does not pay tax itself; all company income, losses, and other finances pass through the shareholders for tax reasons. Business profit/loss is filed on individual tax returns
S corporation
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15
What might management and stockholders look for when electing a board of directors?
Past management/business experience, expertise in a certain area, diversity of gender/race/age/location/etc.