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5.03 section quiz
| Question | Answer |
|---|---|
| Business ethics involve considering issues about what is: | right and wrong |
| the 2 main divisions of the trade industry are: | wholesalers and retailers |
| which affects the business environment because it provides the most option for consumers? | global competition |
| which is an example for an economic factor that affects the business environment | business cycle |
| three primary factors that affect the organizational structure of a business include interpersonal relationships, tasks, and: | authority |
| a small business owner whose business is sole proprietorship is planning to go global what method for global would be best to recommend to the small business owner | start by hiring an export management company |
| one reason why many small businesses develop an organizational design that requires a board of directors is because a board usually: | provides experience that increases the business credibility |