Two General Types of Information Available to Prospective Small Business

question 22

Multiple Choice

Two general types of information available to prospective small business owners are

• A)paid data and free data
• B)primary data and secondary data
• C)high quality data and empirical data
• D)micro data and macro data

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Definitions:

Heavy Machinery

Large and heavy equipment and machinery used in industries such as construction, mining, and manufacturing for tasks requiring significant power and force.

Excavation

The process of digging up earth, soil, or rock, often used in archeology or construction to uncover structures or artifacts.

Contract Price

The total amount agreed upon in a contract for the sale of goods or services.

Call for Tenders

A formal request issued by a business or government for suppliers to submit proposals to undertake a specified project or service.