Which of the Following Statements About Certification with Regard to Women-

question 58

Multiple Choice

Which of the following statements about certification with regard to women- or minority-owned small business is true?

• A) Most corporate certification programs require a business to be in operation at least five years.
• B) Certification is for every women or minority-owned small business.
• C) For those businesses that qualify,certification provides a ready means of access to opportunity and to networks of businesses and government agencies.
• D) For corporations,certification is handled by organizations that are affiliated with the government or big business.

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Definitions:

Globalization

The method through which companies or various organizations expand their influence globally or begin to function at an international level.

Exports

Commodities or services sent overseas for the objective of being sold or traded.

Opportunity Cost

The cost of an alternative that must be foregone in order to pursue a certain action. Essentially, the benefits you could have received by taking an alternative action.

Value of the Dollar

An expression of the dollar's strength, usually compared against other currencies, which determines the buying power of the dollar in international markets.