Which of the Following Statements Is Incorrect Regarding the Economic

question 26

Multiple Choice

Which of the following statements is incorrect regarding the economic impact of entrepreneurial firms in the United States?

• A) Small businesses outperform their larger counterparts in terms of patent activity.
• B) Small firms are providers of a significant share of the innovations that take place.
• C) According to a Kauffman Foundation survey, 92% of Americans say entrepreneurs are critically important to job creation.
• D) Small businesses employ just less than half of all private sector employees.
• E) Small businesses are the creators of most new jobs.

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Definitions:

Symbolic

Relating to symbols or the use of symbols to represent ideas or qualities.

Recognition

The act of acknowledging or rewarding the achievements or efforts of individuals or groups, often used as a motivational tool.

Managers Share

The portion of responsibility or information that managers possess and often distribute among team members to achieve organizational goals.

Facilitator

A person who makes an action or process easy or easier, often in a group or meeting setting.