Twenty-First Century Small Businesses Should Maintain an Intense Focus on Three

question 4

Multiple Choice

Twenty-first century small businesses should maintain an intense focus on three major themes:

• A) Making a profit, hiring new employees, and reducing costs
• B) Creativity, new product development, and automation
• C) Identifying customer value, exploiting digital technology, and managing cash flow
• D) Reducing costs, finding new customers, and globalization
• E) New product development, finding new customers, and globalization

---

Definitions:

Center

The midpoint or central point of a geometric shape, or a point that is equidistant from all points on the circumference of a circle or sphere.

Hyperbola

A type of smooth curve lying in a plane, defined as the locus of all points that satisfy the equation of the difference of distances from two fixed points (the foci) being constant.

Graph

A visual representation of data or mathematical functions, often plotted on coordinate axes.

Semielliptical Arch

An arch that forms the shape of a half ellipse, commonly used in architecture for its aesthetic appeal and stability.