Types of Businesses
Which business type is not large and usually describes local shops and services?
Small and medium enterprises (SMEs)
The proportion of the labor force that is not currently employed.
Unemployment rate
Total money earned from sales of a product or service
Revenue
A country with high levels of growth and security, less in need of development.
Developed economy.
What does CSR stand for?
Corporate social responsibility
Which businesses are new to a market and require investment?
Start ups
Deploying capital towards projects in hopes of generating future financial returns.
Investment
The money a business spends on its operations.
Cost
Form of investment done by venture capital (VC) firms, everyday stock traders, rich people, and other companies.
Stocks
Lose 200 points
womp womp
Which business type is so large that it spans more than one country?
Multinational corporations
A network between a company and its suppliers to produce and distribute a product.
Supply chain
Groups of customers who might want to buy a product.
Markets
A direct or indirect payment, economic concession, or privilege granted by a country's administration.
Government subsidies
What does DEI stand for?
Diversity, equity, inclusion
Which business type doesn't seek profit and looks to promote and solve social issues through charity?
Nonprofits
A country that's transitioning from a low income economy towards a modern economy with a higher standard of living
Emerging market economy
Type of company/business owned by an individual rather than the government.
Private enterprise
Non-domestic entities directly investing in a company so they can reap benefits, revenue, etc.
Foreign Direct Investment (FDI)
Gain 400 points!
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Which business type is managed/owned by the government rather than by private individuals?
State-owned enterprises (SOEs)
A set of tools that a central bank can use to promote sustainable economic growth.
Monetary policy
Efforts to pass laws made and maintained by a governmental authority to restrict businesses.
Regulation
Describe how investment can help a business grow using illustrations.
Instructor evaluates.
What argument could Government make under the motion THW impose 100% inheritance tax?
Instructor evaluates.