1.Why are business created?Explain your answer. 2.Name a product or service that solves a problem. What is the problem and how does it solve it?

3.Who is benefiting from the solution to the problem?

4.Do you think the product or service can be improved? How? Explain your answer.

Which of the following is an example of a production quota? a. the government sets an upper limit on the quantity that each dairy farmer can produce. b. the government sets a price floor in the market for dairy products. c. the government sets a lower limit on the quantity that each dairy farmer can produce. d. the government guarantees to buy a specified quantity of dairy products from farmers.

Which of the following results from the latest decision round is most important in providing guidance to company managers make in strategic moves and decisions to improve their companies competitiveness and rank among the top-performing companies in the current decision round

How can a company salesperson with product development