The SBA Has Defined a Small Business as One Independently

question 93

True/False

The SBA has defined a small business as one independently owned, operated for profit, and not dominant in its field.

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Definitions:

Risky Shift

A tendency for groups to take greater risks than the same individuals (on average) would have decided to take individually.

Group Polarization

The tendency of a group to make decisions that are more extreme than the initial inclination of its members, following group discussions.

Directive Leader

A leader who provides clear instructions, sets standards and guidelines, and expects subordinates to follow orders and procedures closely.

Directive Leader

A leader who provides clear expectations and specific directions to their followers.