The Small Business Competitive Environment Has Been Mostly Affected by

question 12

Multiple Choice

The small business competitive environment has been mostly affected by

• A)the globalization of markets AND big business's response to small business
• B)increasing fashion demands AND the shrinkage of the middle class
• C)new product development AND foreign currency rates of exchange
• D)better educated small business owners AND free trade agreements

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Definitions:

Violent Crime Rate

A statistical measure of the number of violent crimes reported per unit of population or given time period.

Matched Pairs

A study design where subjects are paired based on certain criteria, making them comparable, and then treated differently to examine effects.

Independent Samples

Two or more groups of samples that are collected from independent populations, and where the selection of a sample from one population does not influence the selection from another.

Significance Test

A statistical test used to determine if the observed differences between two or more groups are statistically significant.