Lewis Chapter 9 Econ Alive

Which phrase describes a parent company with many outlets?

Which of the following is a disadvantage of a corporation?

Which of the following is an advantage to partnerships?

Venture capitalists invest in a business for

Which of the following describes a business that is established to support a public goal?

What is necessary for a company to be classified as multi-national?

The process by which people around the world are becoming increasingly interconnected is called

What is the process of starting and operating one's own business known as?

Which of the following is a reward of entrepreneurship?

How many businesses usually fail after five years of being in business?

What are business ethics?

Which type of business organization is most common?

Which of the following is not an advantage to sole proprietorship?

Which economic principle most applies to starting a business

Which of the following is NOT a feature of a public limited company?

Which source of finance cannot be used by a private company?