Which of the following statements concerning business location is false?a. Today, the global marketplace is as much the territory of small, upstart companies as it is that of giant multinational corporations.

Which of the following statements concerning business location is false?a. Today, the global marketplace is as much the territory of small, upstart companies as it is that of giant multinational corporations.

Each question has just one answer.

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Q1. __________ items are best suited for selling on the World Wide Web.

a. high-volume

b. low-margin

c. commodity

d. all of the above.

Q2. Which of the following statements concerning global trade is true?

a. Today, the global marketplace is as much the territory of small, upstart companies as it is that of giant multinational corporations.

b. Ninety-six percent of the world’s population and 67 percent of the world’s purchasing power lie outside the borders of the United States.

c. Small companies that export grow more rapidly than those that operate domestically only.

d. All of the above.

Q3. When searching for a location, a company that develops computer software for the entertainment industry would be interested in studying which of the following factors about the labor supply in a particular area?

a. the number of workers available

b. the level of education, training, and experience of the workforce

c. the prevailing wage rate in the area

d. All of the above

Q4. The most popular loan program sponsored by the Small Business Administration (SBA) is:

a. Low Doc Program

b. Export Working Capital Program

c. 7(a) Loan Guaranty Program

d. All of the above

Q5. The ideal domain name for a company’s Web site should be:

a. short.

b. indicative of the company’s business or business name.

c. easy to spell.

d. all of the above.

Q6. Small businesses on the Web are better able to compete if they focus on a niche market.

a. true

b. false

Q7. A(n) __________ is a loan arrangement with a commercial bank in which a small company can borrow up to a predetermined amount at any time during the year quickly and conveniently by writing itself a loan.

a. commercial bank loan

b. line of credit

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