Edit Game
Corporations Ag Business
 Delete

Use commas to add multiple tags

 Private  Unlisted  Public




Delimiter between question and answer:

Tips:

  • No column headers.
  • Each line maps to a question.
  • If the delimiter is used in a question, the question should be surrounded by double quotes: "My, question","My, answer"
  • The first answer in the multiple choice question must be the correct answer.






 Save   16  Close
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.
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
If a major stockholder of a corporation dies, what happens to those stocks?
They are transferred or sold to other shareholders. The corporation remains in business
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
If you own stock in a corporation, do you have any say in the business or management decisions?
No
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
What management position is responsible for the entire corporation and reports to the board & shareholders? ("head honcho" of the company)
CEO/Chief Executive Officer
What management position deals with marketing, sales, production, and personnel management?
COO/Chief Operating Officer
How is a board of directors generally chosen?
Elected by shareholders (people who own stock)
The purpose of a _______ in a corporation is to work with high-level executives and develop business strategies as a group.
Board of directors
This type of corporation has publicly traded stock. The corporation pays tax on its income and dividends to shareholders.
C corporation
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
"Bonus" money paid to stock shareholders if the company has extra profit at the end of the year. Similar to a co-op's patronage payments
Dividends
What management position deals with financial data and performance?
CFO/Chief Financial Officer
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
How does a corporation raise capital (earn money)?
Business profits and selling shares of the business in the form of stocks