The Spotlight on Small Business Box "Earning While Learning" Features

question 298

Multiple Choice

The Spotlight on Small Business box "Earning While Learning" features students who

• A) directed inheritance money they received into profitable business ventures.
• B) turned a passion into a business opportunity.
• C) realized the American dream at a very young age, and now run multimillion-dollar companies.
• D) convinced banks to fund their business ideas.

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Definitions:

Human Capital Shortages

A situation where there is a lack of skilled individuals available in the labor market to meet the demands of employers.

Developing Employees Internally

The process of investing in the growth and development of an organization's current employees to prepare them for future roles and leadership positions.

External Supply

Refers to the availability of resources or goods from outside the organization.

Demographic Trends

Observations and predictions related to changes in the statistical characteristics of populations over time, such as age, race, or gender distributions, which can impact workplace dynamics.