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Business
Business Questions
Question | Answer |
---|---|
What is the highest part of the business cycle? | Peak |
What is the lowest part of the business cycle? | Trough |
What is sole proprietorship? | When a business is owned by one man |
What is a franchise? | A business created for expanding an original business |
What is a non-profit company? | A company in which you don't get paid and you join if you want to |
What is an example of a non-profit company? | Charity |
What is a partner proprietorship? | When a guy who owns a business makes a contract with someone to work with him. |
What is traditional economy? | It is when the things produced and what is made depends by their traditions through generations |
What is command economy? | When all the business like its production,prices of a product and etc. are owned by the government |