Question

In: Operations Management

2. A. An infeasible linear programming model is caused by the (a) objective function (b) constraints...

2.

A. An infeasible linear programming model is caused by the

(a) objective function (b) constraints (c) Both (a) and (b) (d) None of the above

(b) Which of the following nations is least active in entrepreneurial activities?

                        (a) China (b) Japan (c) Thailand (d) Canada

c. Name two reasons and clearly explain how they have contributed to the huge number of  

small businesses in the United States:

Solutions

Expert Solution

2,

A) b

As per definition, the infeasible linear programming occurs, if they are no solution to satisfy all the constraints. So, right

b)- C

According to many researchers, the country which is least active in entrepreneurial activities is Thailand (27%)

while China (47%), Japan (52%), Canada (45%)

c. Reasons

  • Many small businesses can be started at a low cost and on a part-time basis. This can enable the person to continue his regular job and also to take care of his or her family
  • Advanced internet technology is available in the country widely in the form of digital marketing. This advantage gives many small entrepreneurs to market their products with less budget
  • Many corporations help small business communities in the U.S.A, such as Internal revenue services, Self-employed one-stop resource etc that motivates many entrepreneurs to start their business.

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