Which Entity Is Defined as Independent and Has Little Influence

question 67

Multiple Choice

Which entity is defined as independent and has little influence on its market?

• A) Corporation
• B) Joint venture
• C) Small business
• D) Partnership
• E) Government agency

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Definitions:

Government Measure

Actions or initiatives taken by a government to regulate, control, or influence a particular aspect of the economy or society.

Construction

The process of building or assembling infrastructure, including the planning, design, and financing, continuing until the project is ready for use.

Food Services

The industry which includes all establishments that prepare and serve food and beverages to customers.

Standard of Living

The degree of wealth, comfort, material goods and necessities available to a person, group, or society.