A snack food manufacturer has introduced a gluten-free version of its popular toaster pastry, the first of its kind on the market. Which of the following is likely the reason the company changed its product mix?
A) Changing consumer preferences
B) To streamline manufacturing processes
C) To keep up with competition
D) Simplification of its product mix
E) Budgetary concerns
Question 2
Santino would like to start selling his homemade salsas and sauces. He figures his start-upstart-up costs will be low, and he has money saved, so he decides to start his business on his own and sell his products at a local farmer's market. This is likely an example of a(n):
A) joint venture.
B) LLC.
C) corporation.
D) partnership.
E) sole proprietorship.
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