Question 1
In the United States legal-political environment, changes are slow and legal and political procedures are well established such that its global political risk is:
Select one:
A. low.
B. high.
C. moderate.
D. maximum.
Question 2
A business that is characterized by innovative strategic practices and which has as its main goals profitability and growth is called
Select one:
A. a small business.
B. a star.
C. an entrepreneurial venture.
D. a cash cow.
Question 3
Small businesses represent over ________ percent of all employers.
Select one:
A. Under 40
B. 40-50
C. 60-80
D. Over 90
Question 4
Which of the following is a strategic advantage of small businesses and entrepreneurial ventures over larger businesses?
Select one:
A. Respond quickly to changing conditions
B. Seek out new opportunities
C. Willingness to take risks
D. Strategic goals are profitability and growth
Question 5
A not-for-profit organization created, funded, and regulated by the public sector or government can be referred to as
Select one:
A. a private-sector organization.
B. an efficient organization.
C. 401k or 503b plan.
D. a public-sector organization.