1. Experts agree that small businesses will be quite important in the emerging economies of countries such as _____.
a. the United Kingdom
b. Germany
c. Russia
d. the United States
2. Which of the following is a diverse field in which entrepreneurs have achieved success?
a. Assembly-line car manufacturing
b. Destructive innovation
c. Specialized dog training
d. Specialized defense training
3. A retail business:
a. offers products to wholesalers for sale at a low price.
b. sells products manufactured by other firms.
c. sells directly to producers.
d. requires fewer employees than wholesalers.