​Several Countries on the African Continent Are Disadvantaged by Both

question 119

Multiple Choice

​Several countries on the African continent are disadvantaged by both low per-capita incomes and substandard communications infrastructures. These countries are likely to be poor markets for _____ but good markets for ____.

• A) ​cars, bicycles
• B) ​recreational boats, fishing rods
• C) ​cell phones, landline phones
• D) ​restaurant supplies, kitchen tools
• E) ​currency exchange, currency investment

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Definitions:

Profit Forecast

An estimation of future financial earnings or losses, typically focusing on income and expenses, over a specified period.

Sole Proprietorship

A business structure where a single individual owns, manages, and is responsible for all aspects of the business.

Married Couple

A legally wedded partnership comprising two individuals who have undergone a marriage ceremony and are recognized as spouses.

Angel Investor

An angel investor is a wealthy individual who provides capital to start-ups or entrepreneurs, often in exchange for ownership equity or convertible debt.