Xavier and Yvette are discussing starting a business that will take little start-up capital but,nonetheless,meets the needs of customers.They have reviewed a variety of economic and business publications and found one business area that seems to fit their capital requirements.Businesses in this area employ 86 percent of the nation's workforce.They now just need to determine which specific type of business in this area they will open.What type of business will they open?
A) They will open a service business.
B) They will open a manufacturing business because these businesses have large workforces.
C) They will open a wholesale business supplying goods to retailers.
D) They will open a government business.

Question

Quizplus · Accepted Answer

The passage suggests that Xavier and Yvette are looking for a business that requires little start-up capital but still meets the needs of customers. The fact that businesses in this area employ 86% of the nation's workforce is further evidence that they are looking at the service sector, which is often labor-intensive and requires less initial investment than manufacturing, for example. Therefore, the best choice is A) They will open a service business.

Xavier and Yvette Are Discussing Starting a Business That Will