Compared to Large Businesses, Which of the Following Statements Regarding

question 77

Multiple Choice

Compared to large businesses, which of the following statements regarding small businesses is correct?

• A) Small businesses are less likely to hire young employees.
• B) Small businesses are less likely to develop new products.
• C) Small businesses are more likely be eligible for government loans or for government purchasing programs.
• D) Small businesses are more likely to be franchises.

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Definitions:

Physiological

Physiological pertains to the functions and processes of the organs and systems within a living organism, often studied in the context of health and disease.

Maslow Hierarchy

A psychological theory proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy, starting from basic needs such as food and shelter up to self-actualization.

Social

Pertaining to society or its organization, and also often indicating social interactions or social media platforms.

Physiological

Relating to the normal functions of living organisms and their parts.