When Apple decides what price to charge for an iPhone, they have to consider the costs to make it. What macro-environmental force would most affect Apple’s production costs?

Gross Domestic Product measures:

Home Depot includes product information signs in both English and Spanish in its stores. It is responding to which environmental factor?

When the expenses for a business exceed revenue, the business is operating at a _________________.

Elon Musk’s decision to form a new automotive manufacturing company is unique because the automotive industry is one that has high start up costs, there are very few sellers in the industry, and the number of firms entering the market is low. Elon’s company Tesla is competing in what type of market?

Which sector includes companies in manufacturing, construction and agriculture?

A nation has a(n)________________ if it is the only source of a particular product or if it can make more of a product using fewer resources than other countries.

If your company wanted to enter the German market and decided to build a new company-owned factory in the city of Melle, what global entry strategy would it be employing?

A company that operates in many countries is called a(n) _______________.

What is the name of the government agency that provides many kinds of support for small businesses, including information and funding assistance?