Match the Term with Its Definition

question 74

Multiple Choice

Match the term with its definition.
-A document indicating that a product has been shipped and the title to that product has been transferred

• A)bill of lading
• B)born-global firms
• C)counterfeit activity
• D)economies of scale
• E)exchange rate
• F)letter of credit
• G)political risk
• H)royalties

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Definitions:

Entrepreneurs

Individuals who start, organize, and manage their own businesses, taking on financial risks in the hope of profit.

Small Business Owners

Individuals who own and operate companies that are typically defined by their small size in terms of employees and revenue.

General Public

This term refers to the ordinary people in society at large, distinct from the members of a particular group, profession, or government.

Moderate Risk

A level of danger or potential for loss that is considered to be within a reasonable or manageable range.