Which of the Following Is NOT a Characteristic of a Small

question 81

Multiple Choice

Which of the following is NOT a characteristic of a small business?

• A) has cutting edge, innovative business practices
• B) has about 200 employees
• C) is not a "player" with impact within its industry
• D) has a relatively small market share of its product

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Definitions:

Turnover Rate

The percentage of employees leaving an organization within a specific period, which can be indicative of the work environment's health and employee satisfaction.

Resistance to Change

The reluctance or refusal to adapt to changes that occur within an organization or environment, often stemming from fear, uncertainty, or attachment to existing processes.

Informed Change Agent

An individual or entity that actively promotes and manages change within an organization, equipped with the necessary knowledge and insights to guide the process effectively.

Basic Checkpoints

Are predefined points in a process or project at which progress, quality, compliance, or other critical factors are evaluated.