1. Which of the following are NOT factors that have made the trend toward globalization mandatory for many businesses?
A. Lower trade barriers
B. Demand for high-quality, low-cost products
C. Increased volatility of excange rates for foreign currency
D. Increased development costs
E. Improvements in transportation and communications
2. Which of the following is not a significant source of development or startup stage financing?
The entrepreneur
Angel investors
Investment banks
Friends and family