What Is the Definition of a "Small" Business Under CRA

question 385

Multiple Choice

What is the definition of a "small" business under CRA rules?

• A) Employs fewer than 50 people
• B) Has assets of less than $5 million
• C) Produces gross annual revenues of $1 million or less
• D) Does not generally have access to regional or national credit markets

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Definitions:

Employee Motivation

The level of enthusiasm, fidelity, and ingenuity that staff members of a corporation show in their job functions.

Four-Drive Theory

A motivational theory that identifies four basic drives—the drive to acquire, bond, comprehend, and defend—that govern human behavior.

Human Emotions

Complex reactions that involve a person's psychological and physical state in response to stimuli or situations, influencing behavior and decision-making.

Expectancy Theory

A motivation theory that suggests an individual’s behavior is determined by their expected outcomes or rewards following such behavior.