Service Businesses Are the Fastest Growing Segment of Small-Business Enterprises

question 96

Multiple Choice

Service businesses are the fastest growing segment of small-business enterprises primarily because of

• A) low labor requirements.
• B) lack of owner commitment.
• C) favorable tax treatment.
• D) high market demand.
• E) size of initial capital investment required.

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Definitions:

Cognitive Development

The process of growth and change in intellectual capabilities, influencing how one perceives, thinks, and understands the world.

Jean Piaget

A Swiss psychologist known for his pioneering work in the study of child development and his theory of cognitive development.

Milestones

Significant points in development or events marking important stages or achievements in a process.

Dominant Gene

A gene that expresses its phenotype over another gene, the recessive gene, when they are both present in a pair of alleles.