Which of the Following Would Not Describe Two Thirds of the For-Profit

question 120

Multiple Choice

Which of the following would not describe two thirds of the for-profit businesses in the United States as measured by sheer number of firms?

• A)small retail businesses
• B)small service operations
• C)part-time home-based businesses
• D)small farms
• E)multinational corporation

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Definitions:

Producers

Individuals or companies that create goods or services for sale to consumers or other businesses.

Production

The process of creating goods or services by combining labor, capital, and natural resources to meet consumer demand.

Technological Advance

The discovery of new technologies or the improvement of existing ones, significantly altering the way goods or services are produced.

Digital Video Recorders

Electronic devices that record video in a digital format to a disk drive, USB flash drive, SD memory card, or other local or networked mass storage device.