1) What type of economic system lies between capitalism and communism? Explain why it is more effective than other economic systems

2) Discuss the positive aspects of globalization, and contrast these with the negative aspects of globalization from the perspective of a small business. Be sure to address the pros and cons of outsourcing in your response.

3) How do downsizing and outsourcing influence the number of small businesses?

4) Identify the four Ps of marketing, and give an example how each of the four Ps can be used to market your favourite product or service