Holiday Inn has many hotels located globally, which has led to its organization’s growth. Holiday Inn has granted another company in these countries the right to use its brand and sell its services, but the foreign company agrees to operate according to the business model provided by Holiday Inn. What type of international business agreement has Holiday Inn used?

Ms. Goodwin spends her day studying the production, distribution, and consumption of goods and services. Ms. Goodwin most likely works as a(n):

Public utilities are an example of what kind of monopoly?

An example of an external factor that may impact the company in a positive or negative way is:

After the purchase of a franchise, which of the following type of payment would be required after initial investment?

Changes in government pollution regulations are part of a company’s environmental macro-environment. These changes could also be included in which other environmental factor?

Toyota recalled all of its 4-Runner SUVs due to an airbag issue where shrapnel, small sharp metal objects, could potentially release from the airbag upon impact. It is required that Toyota share this information with consumers because consumers have a _________ to use safe products and be informed about the products.

Aside from contributions to our general economic well-being, founders of small businesses also contribute to growth and vitality in specific areas of economic and socioeconomic development. Which of the following is something that small businesses are NOT known for doing?

Chantal stays at work during her lunch hour to plan her wedding. She uses her office computer and the copier to browse options, order samples, and hire vendors. Is her behavior unethical?

Which of the following is NOT a disadvantage of business ownership?