Eventually Most Successful Small Business Owners

question 16

Multiple Choice

Eventually most successful small business owners:

• A) develop a management team.
• B) learn how to manage their successful business on their own.
• C) find that their workload tends to diminish.
• D) manage to transition to the new business levels without too much difficulty.

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Definitions:

Imbalance of Trade

A situation where the value of a country's imports and exports is not equal, leading to a trade surplus or deficit.

Exceeded

means to go beyond an established limit or surpass a certain standard or level.

Lower

In economic terms, it refers to a decrease in value, price, rate, or level of a given variable or entity.

Trade Deficit

An occurrence where the total value of a country's imports surpasses the value of its exports, creating a negative trade balance.