Question

multiple - choice comprehension

1. what economic effect can occur when minority - owned businesses cluster together in a district?

a. a decline in property values
b. a multiplier effect that increases local spending
c. an increase in competition that drives most out of business
d. a loss of cultural identity in the area

1. what is one reason the city of atlanta sets aside municipal contracts for minority - and women - owned businesses?

a. to reduce competition from larger corporations
b. to encourage relocation of businesses from other states
c. to address historic inequities in access to opportunities
d. to limit the number of small businesses in certain districts

1. which business is featured in the case study as an example of black entrepreneurship in atlanta?

a. slutty vegan
b. delta air lines
c. the atlanta life insurance company
d. coca - cola

1. in the case study, what is one way pinky cole supports education?

a. offering free meals to all college students
b. creating a textbook publishing company
c. partnering with local schools to design menus
d. providing scholarships through her foundation

1. which challenge does slutty vegan face when expanding to new cities?

a. adapting recipes to meet different climate conditions
b. operating without paid staff in smaller markets
c. complying with military food service regulations
d. managing supply chains and maintaining quality

Explanation:

1. When minority - owned businesses cluster, they can have a multiplier effect on local spending as they interact with each other and the local community.
2. Setting aside municipal contracts is often a measure to address historic inequalities in access to business opportunities for minority - and women - owned businesses.
3. Slutty Vegan is a well - known Black - owned business in Atlanta.
4. Pinky Cole, the owner of Slutty Vegan, is known for providing scholarships through her foundation to support education.
5. When expanding a food business like Slutty Vegan to new cities, managing supply chains and maintaining quality is a common challenge.

Answer:

1. b. A multiplier effect that increases local spending
2. c. To address historic inequities in access to opportunities
3. a. Slutty Vegan
4. d. Providing scholarships through her foundation
5. d. Managing supply chains and maintaining quality