Which of the Following Is NOT Characteristic of the Small

question 46

Multiple Choice

Which of the following is NOT characteristic of the small firm sector of the economy?

• A)Small firms have an important influence in the service sector.
• B)A significant part of the labor force is employed in businesses having fewer than 100 persons.
• C)Small firms have profit rates similar to their larger counterparts.
• D)A significant percentage of new jobs are created by small businesses.
• E)Small firms often have long-term relationships with large firms.

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Definitions:

Internal Locus

A psychological term for when individuals believe they can control the events affecting them.

Type B Personality

A personality type characterized by a relaxed, patient, and easy-going nature, identified as part of the theory contrasting with the more intense Type A personality.

Learned Helplessness

A psychological state in which an individual perceives themselves as powerless, often in the wake of a traumatic happening or continuous failures.

Type A Personality

A personality type characterized by high levels of competitiveness, self-imposed stress, and a constant sense of urgency.