The goal here is to do your best, don’t be afraid to try to answer a question even if you aren’t sure if it is correct.
1. What are the 5 factors of production?
2. Of these, which do you think the US has in abundance?
3. Based on your answer to number 2, what industries should the US be focusing on and what are examples of industries
4. Name 2 ways that technology has helped business and 2 ways that it has caused more problems.
5. What are the benefits/challenges of being an entrepreneur and the benefits/challenges of working for someone else? Which do you prefer?
6. If the goal is to attract and retain the best employees and to increase the market for its products and services, what things might a business do to adapt to the changing demographics (more working women, more single parent households, more diversity, and aging population.) Think in terms of personnel and of marketing. Think creatively, this is a business class.?