Understanding Business 12th Edition Chapters 6 & 7
Authored by Mirah Iskandar
Business
11th Grade - University
Used 33+ times
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31 questions
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1.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
A group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
True
False
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
True
False
4.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Specific geographic areas to which governments try to attract private business investment by offering lower taxes and other government support
5.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Centers that offer new businesses low-cost offices with basic business services
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A business which is independently owned and operated and is not dominant in its field of operations and meets certain standards of size (set by the SBA) in terms of employees or annual receipts.
small company
private company
small business
private business
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A detailed written statement that describes the nature of the business, the target market, the advantages the business will have in relation to competition, and the resources and qualifications of the owner(s).
business strategy
business plan
marketing plan
marketing strategy
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