You are contemplating starting a business in the next few months.You have expertise in both goods-based and services-based businesses,but aren't sure which route to take.You are,however,determined to develop jobs for the small factory town in which you grew up.
Required:
Based on what you know about the U.S.business economy,which of the following approaches would you take?
A) start a goods-based business because the demand is higher
B) start a goods-based business because it is cheaper to maintain
C) start a services-based business because demand has increased exponentially
D) start a services-based business because such businesses are expected to account for 18 million new jobs by 2020
E) start a goods-based business because such businesses are expected to account for 35% of new job opportunities in the next 10 years
Correct Answer:
Verified
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