Generally, for Every Job Created by a Base Industry, There

question 69

Multiple Choice

Generally, for every job created by a base industry, there will be created in service industries approximately

• A) an equal number of jobs.
• B) two jobs.
• C) one job for every two persons employed in the base industry.
• D) four jobs.

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Definitions:

Accountants

Professionals who perform financial functions related to the collection, accuracy, recording, analysis, and presentation of a business, organization, or individual's financial operations.

Business Judgments

Decisions made in the management of a company that are based on reasonable information and belief for the benefit of the company.

Maturity Stage

A phase in the life cycle of a product, business, or industry where growth stabilizes and is characterized by steady sales and profitability.

Venture Growth

The expansion and scaling up of a startup or new enterprise, typically marked by increased revenue, customer base, or market share.