Factors Driving the American Business Environment

Factors Driving the American Business Environment

Assessment

Interactive Video

Business, Social Studies

Professional Development

Hard

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Bill Carmody discusses eight key factors driving the American business environment: competition, regulation, innovation, consumer demand, talent and workforce, access to capital, technology, and globalization. He explains how these factors contribute to a thriving business landscape in the US, emphasizing the importance of fair competition, innovation, and access to resources. Carmody also highlights the role of a skilled workforce and the impact of globalization on business strategies. He concludes by encouraging entrepreneurs to consider the US as a fertile ground for starting and growing their businesses.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is access to capital important for businesses in the US?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does globalization have on US businesses?

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