The communications, transportation, financial, and distribution networks of a country are part of its

A. demographic environment.
B. cultural environment.
C. economic infrastructure.
D. international interface.
E. political/legal environment.


Answer: C

Business

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Indicate whether the statement is true or false

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Joe's Manufacturing is considering bidding on a small order for 5 units. Based on similar products that they have made in the past, they believe that the first unit will take 500 labor hours

They also believe that there will be an 80% learning curve. How many hours of labor should Joe include for his bid?

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The Wheeler-Lea Act withdrew the Federal Trade Commission's (FTC's) power to regulate advertising.

Answer the following statement true (T) or false (F)

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Which of the following is an issue associated with general partnerships?

A. Complexities related to the formation of the company B. Double taxation of the partners C. Difficulty faced by a partner when withdrawing from the company D. Weaker financial base when compared to that of a sole proprietorship

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