The presence or absence of power plants, railroads, highways, communication systems, and ports—a country’s ______is a major concern to businesses. a. infrastructure b. government holdings c. economic system d. natural resource base
The presence or absence of power plants, railroads, highways, communication systems, and ports—a country’s ______is a major concern to businesses. a. infrastructure b. government holdings c. economic system d. natural resource base
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
The presence or absence of power plants, railroads, highways, communication systems, and ports—a country’s ______is a major concern to businesses.
a. infrastructure
b. government holdings
c. economic system
d. natural resource base
Expert Solution
Step 1
A business is an organization or institution that engages itself in a commercial activity. They may be industrial, commercial, or other types of businesses. To be successful a business id dependent on many factors. Presence of good roads, highways, communication systems are important factors that is required to be considered by an entrepreneur.
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