Although Small Business Administration (SBA) Standards Allow Up to 500

question 70

Multiple Choice

Although Small Business Administration (SBA) standards allow up to 500 employees in some types of businesses, the most common limit is ______.

• A) 10
• B) 50
• C) 100
• D) 200

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Definitions:

English-speaking Population

Refers to the segment of the global population that speaks English, either as a native or second language.

Stable Legal System

A legal system that provides a consistent, orderly, and fair framework for resolving disputes, enforcing laws, and protecting rights and property.

Stay-back Team

A group within an organization designated to continue critical operations during emergencies or major events, ensuring business continuity.

Outsourcing Contract

A formal agreement where a company hires an external party to perform services or create goods that were traditionally performed in-house.