Question

orld: test

1. patrice knows that investing her own money

in a start - up business may be a mistake, but
she believes she can make it work. patrice
is willing to
a. take a risk.
b. follow others advice.
c. live on a small salary.
d. forgo rewards.
e. buck the trend.

1. capital does not include

a. money.
b. buildings.
c. tools.
d. technology.
e. machines.

1. plus size has been selling larger size

clothing in the same location for 10 years.
big girls just opened across town and is
threatening plus sizes business. big girls is
a(n) ______ of plus size.
a. customer
b. investor
c. employee
d. partner
e. competitor

1. the united states has imposed trade

sanctions on north korea. this is primarily
a ______ force in the business
environment.
a. legal/regulatory/political
b. social
c. global
d. competitive
e. technological

Explanation:

1. Patrice is aware investing in a startup is risky but proceeds, meaning she accepts the risk.
2. Capital includes tangible assets and funds; technology here refers to intangible knowledge/processes not classified as capital.
3. Big Girls sells the same type of clothing and threatens Plus Size's business, making it a rival.
4. Trade sanctions are government-imposed political/regulatory measures affecting business.

Answer:

1. A. take a risk.
2. D. technology.
3. E. competitor
4. A. legal/regulatory/political