Which of the Following Organizations Would Be Considered a Small

question 129

Multiple Choice

Which of the following organizations would be considered a small business?

• A) Producer of semiconductors with 2,000 employees
• B) Wholesaler with 50 employees
• C) Retail clothing store chain with annual sales of $26 million
• D) Construction company with average annual receipts of $32 million
• E) Farmer with annual receipts of $10 million

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Definitions:

Illegal

Activities or actions that are forbidden by law and subject to penalties.

Discretion of the Employer

The freedom or authority granted to employers to make decisions regarding the management and operation of their business.

Required by Law

Referring to actions or processes that are mandated by legal statutes, thus compulsory to follow.

Employment Interviews

The formal conversations between employers and job applicants aimed at assessing the suitability of a candidate for a position.