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Small Business in a Global Market

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

How does the global market work?

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1. What is outsourcing?

2. Which of the following helps a small business compete with big business in the global market?

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About This Quiz & Worksheet

This quiz/worksheet combo will help check your understanding of small business benefits and global markets. You will be quizzed on outsourcing and characteristics of global markets.

Quiz & Worksheet Goals

Use these assessment tools to review:

  • Outsourcing
  • Global markets
  • Benefits big businesses have over small businesses
  • Small business benefits

Skills Practiced

  • Reading comprehension - ensure that you draw the most pivotal information from the related business lesson
  • Critical thinking - apply relevant concepts to examine information about small businesses in a different light
  • Knowledge application - use your knowledge to answer questions about characteristics of global markets

Additional Learning

To learn more about small businesses, review the lesson Small Business in a Global Market. This lesson covers the following topics:

  • Benefits of being a small business
  • Advantages big businesses have over small businesses
  • Definition of global market
  • Disadvantages of small businesses
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