Busad 158 - Run Your Own Business » Spring 2023 » Knowledge Check 1.2

Need help with your exam preparation?

Question #1
About how many recent college graduates are interested in starting their own business?
A.   less than half
B.   nearly all
C.   very few
D.   more than half
Question #2
A high barrier to enter certain markets had what effect on the role of small business during the early 20th century?
A.   Businesses focused on making products customers wanted.
B.   Businesses were more service-oriented than they are now.
C.   It increased the prevalence of small businesses.
D.   It reduced the prevalence of small businesses.
Question #3
Buying in bulk is a way some businesses increase their profitability.
A.   False
B.   True

Need help with your exam preparation?