Which of the Following Is True About a Small Business

question 25

Multiple Choice

Which of the following is true about a small business?

• A) A small business is one which employs between 500 to 1000 employees.
• B) A small business is usually funded by personal lines of credit, and not through bank loans and microlenders.
• C) A small business is one that is not dominant in its field.
• D) A small firm usually curtails the freedom to innovate.
• E) A small firm avoids risks that larger firms are willing to take.

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Definitions:

Trial and Adoption

The process consumers go through to first try a new product and then make the decision to continue its use based on satisfaction.

National Drug Control Policy

A framework for federal oversight and coordination of drug-related legislation, enforcement, and education efforts to reduce illegal drug use and its consequences in a country.

Humor

The quality of being amusing or comic, especially as expressed through laughter.

Fear

An emotional response to threats or danger, often prompting avoidance or defensive behavior.