In Discussing Small Business, Your Textbook Used the Following Definition

question 3

Multiple Choice

In discussing small business, your textbook used the following definition, 'a small business will be any independently owned and operated, profit-seeking enterprise that has fewer than ________ employees'.

• A)20
• B)10
• C)100
• D)75
• E)5

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Definitions:

Certificate Of Deposit

A savings certificate issued by a bank to a person depositing money for a specified length of time at a fixed interest rate.

Bond

A financial instrument representing a loan made by an investor to a borrower, typically a corporation or government.

Stock

The goods or merchandise kept on the premises of a shop or warehouse and available for sale or distribution.

Resurgence

A revival or increase in activity, interest, or popularity after a period of quiescence or decline.