According to One Study,only 11 Percent of Small Business Owners

question 65

True/False

According to one study,only 11 percent of small business owners analyzed their financial statements as part of the managerial planning process,and another study found that one-third of all entrepreneurs run their companies without any kind of financial plan.

---

Definitions:

Yard

A unit of measurement equal to 3 feet or 0.9144 meters, often used in referencing the size of a parcel of land.

Social-Responsibility Norm

A societal rule that tells people they should help others who need help even if doing so is costly.

Expectation

A belief or anticipation about the future, shaping one's perception of upcoming events or outcomes.

Social Traps

Situations where individuals or groups are unable to escape adverse conditions due to conflicting interests.