Local, National & Global Business: Definitions & Examples


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question 1 of 3

Which of the following describes a local business?

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1. Which of the following is NOT a characteristic of a local business?

2. Which of the following describes a national business?

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About This Quiz & Worksheet

This quiz will quickly test your understanding of different kinds of businesses. To pass the quiz, you'll need to be able to distinguish between a local, national, and global business.

Quiz & Worksheet Goals

Your knowledge of the following will be tested during this quiz:

  • What a local business is
  • Characteristics of a local business
  • Description of a national business
  • Example of a global business
  • Characteristics of a global business

Skills Practiced

  • Knowledge application - use your knowledge to answer questions about different kinds of businesses
  • Interpreting information - verify that you can read information about a national business and interpret it correctly
  • Information recall - access the knowledge you've gained regarding features of a global business

Additional Learning

To gain an even deeper understanding of this subject, check out the related lesson titled Local, National & Global Business: Definitions & Examples. Here are topics you'll find in this lesson:

  • Type of business known to purchase raw materials
  • Businesses that experience greater profits due to a larger market
  • Examples of local, national, and global businesses