Essentials of Business Quiz
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Questions and Answers

What is one of the impacts of economic development and growth on business according to the text?

  • Increased government regulations
  • Increased unemployment rates
  • No impact on business opportunities
  • Increased business opportunities (correct)
  • Decreased business opportunities

Which factor is mentioned as affecting the way business is conducted today?

  • Advances in technology (correct)
  • Decreased corporate responsibility
  • Decrease in international operations
  • Homogeneous workforce
  • Lack of communication improvements

What is a characteristic of the workforce mentioned in the text?

  • Less diverse than ever
  • More diverse than ever (correct)
  • Increased homogeneity
  • Decreased corporate citizenship
  • No change in diversity

What is an illustration of business opportunity according to the text?

<p>Small businesses (A)</p> Signup and view all the answers

What are corporations being held responsible for, as mentioned in the text?

<p>Behavior of their executives (D)</p> Signup and view all the answers

Advances in technology are not bringing rapid changes in the ways we produce and deliver goods and services.

<p>False (B)</p> Signup and view all the answers

The workforce is not becoming more diverse than ever.

<p>False (B)</p> Signup and view all the answers

Small businesses do not face any challenges.

<p>False (B)</p> Signup and view all the answers

The internet and other improvements in communication do not affect the way we do business.

<p>False (B)</p> Signup and view all the answers

Corporations are not being held responsible for the behavior of their executives.

<p>False (B)</p> Signup and view all the answers

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