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BUS101: Introduction to Business

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Which form of business entity has the disadvantage that since decisions are shared, disagreements can occur?

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What is an advantage of having a business whose legal entity is a sole proprietorship?

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What is an example of a trade facilitator between the United States and Canada?

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One of the roles of the US government is to ensure that the country is financially stable. What is the term for the government's power to spend and tax?

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Why would a business in the United States want to expand into the global marketplace?

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Compared to the US, China has a low GDP per capita ($46,400 for the US vs. $6,600 for China). However, one factor alone is insufficient to evaluate a nation's economy. What other factors should a nation use to evaluate the feasibility of doing business in China? (Select two).

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How does a McDonald's restaurant in Paris compare to a franchise location in the United States?

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An economic recovery can be complicated to navigate. Which factor a new company should consider during this business cycle?

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Which statement about the value of foreign currency as it relates to the US dollar is true?

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What occurs when many economic indicators decline for at least six months?

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