Final answer:
Businesses evolve and grow over time, moving from a local to a regional and national level.
Step-by-step explanation:
Businesses evolve and grow over time, moving from a local to a regional and then national level. This progression is influenced by factors such as market demand, competition, and opportunities for expansion.
A local business operates within a specific geographic area, serving a local customer base. Examples include a small bakery or a family-owned restaurant.
A regional business expands beyond a single location and serves multiple cities or states within a particular region. Examples include a chain of grocery stores or a regional airline.
A national business has a presence across the entire country and operates on a larger scale. Examples include multinational corporations and well-known brands like Coca-Cola or Walmart.