What Percentage of Small Businesses Survive the First Five Years

question 11

Multiple Choice

What percentage of small businesses survive the first five years of operations?

• A) 20%
• B) 30%
• C) 50%
• D) 70%

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Definitions:

Horizontally Enlarges

An approach to job design where tasks of similar complexity are added to an employee's role to broaden the variety of activities.

Person-job Fit Model

A framework in human resource management that emphasizes matching individuals' abilities and preferences with the requirements and rewards of a job.

Job Enrichment

A method to motivate employees by enhancing their job roles with more meaningful tasks and giving them more autonomy.

Universal Job Design

A conceptual approach to creating jobs that can be effectively and efficiently performed by a wide variety of individuals.