Which of the Following Statements About Small Businesses Is False

question 96

Multiple Choice

Which of the following statements about small businesses is false?

• A) Almost half of all U.S. firms are small businesses.
• B) Small firms are a vital component of the U.S. economy.
• C) Small businesses can be both incorporated and unincorporated.
• D) Most large firms began as small businesses.
• E) Many small businesses struggle to compete with large firms.

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Definitions:

Techniques

Specific methods or ways of doing something, usually referring to a skill or craft.

Correlation

A statistical measure that indicates the degree to which two or more variables fluctuate together.

Achievement Motivation

A drive or desire to excel or achieve in tasks, leading individuals to pursue goals with determination and persistence.

Family Income

The total amount of money earned by members of a family, contributing to the household's economic status.