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Businesses that start their operations in incubators can stay there indefinitely

ID: 335138 • Letter: B

Question

Businesses that start their operations in incubators can stay there indefinitely.

Question 5 options:

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Question 6 (10 points)

The United States is more of a collection of local and regional markets than a single homogeneous market.

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Question 7 (10 points)

Producing products under another company's name is called

Question 7 options:

licensing

moonlighting

private-label manufacturing

franchising

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Question 8 (10 points)

The economic factors that have the largest influence on pricing are the prices charged by competitors, the amount of the customer demand for your product, and the costs incurred in producing, purchasing, and selling your products.

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True False

Explanation / Answer

Question 5:

The answer is given below:

False

The business incubation programs are designed to help start-ups by assisting them with financial and other services. A business in incubation can stay an average of two years only.

Question 6:

The answer is given below:

True

The United States is a collection of regional and local market which emphasises more on globalization.

Question 7:

The answer is given below:

Private- label manufacturing

It can be defined as producing a product under a retailer’s brand name.

Question 8:

The answer is given below:

True

A factor of pricing includes cost of production, product demand, customers economic conditions etc.