X100 Exam Review

Small business facts (select all that are true)

Shark tank is a good example of...

This gives you the least financial control

This is considered a Political factor

What are the factors of production business leaders can control

Businesses who sell locally are considered...

Businesses are usually influenced by Internal factors

Globalization has INCREASED competition

(Vocab) Adding a tax to be paid on particular exports or imports

No country in the world has a command economy

I innovate while working under a company, I am an Entrepreneur

This describes the opportunity, goals, and plans for a business

The Gov't takes control of some aspects of production, like zoning land for housing instead of commerce. The economy is

What percentage of unemployment is considered to be full employment?

I want to franchise a Chick-Fil-A, I am most likely entering a(an)...

What is the largest source of startup capital for small businesses?

GDP is the total goods/services produced in a country in a given year

What countries does NAFTA contain

Which of the following is NOT an example of an internal stakeholder

A real world example of an Oligopoly would be

This is considered a Legal factor

How do you feel about this test

This is not a part of Porters five forces of competition

The producer price index measures

Foreign Direct Investment has the highest degree of financial control