Determining the Number of New Small Businesses That Are Established

question 3

Multiple Choice

Determining the number of new small businesses that are established each year:

• A) has proved to be difficult if not impossible.
• B) is a straightforward process of examining new business registration records.
• C) is not an interesting statistic.
• D) is a matter of reviewing new business listing in the Canada.411 website.

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Definitions:

Produce

To create or manufacture goods or products, often on a large scale.

Centralized

A system or organizational structure where decision-making and control are concentrated in a single point or at a high level.

Decentralized

Pertains to the distribution of functions, powers, people, or things away from a central location or authority.

Management Structure

The organizational framework that outlines the hierarchy of authority and responsibility within a company.