Question 1 The government is part of a business's external environment. 0 True 0 False Question 2 Which of the following is not overseen by the government? 0 taxation 0 minimum wage O worker safety 0 operating hours Question 3 Federal agencies are not involved in business operations. 0 True 0 False Question 4 1 pts Global business leaders do not need to consider foreign governments when making decisions. 0 True 0 False Question 5 1 pts Which level(s) of government are involved in the business environment? 0 State 0 All of the Answer Choices 0 Federal 0 None of the Answer Choices 0 Local Question 6 1 pts The government is interested in protecting consumers, workers, businesses, and the economy. 0 True 0 False Question 7 1 pts A business owner has complete control over where she/he decides to form and operate a business, without government involvement. 0 True 0 False Question 8 1 pts An economic system based on complete freedom of trade and little, if any, government control is known as _______ . O capitalism O communism O socialism > Question 9 1 pts The main incentive in capitalism is reasonable interest rates. 0 True 0 False Question 10 1 pts Which of the following are characteristics unique to the capitalistic or private enterprise system? Q prots 0 All of the Answer Choices 0 None of the Answer Choices 0 free choices 0 corn petition