Which of the Following Are NOT True in Regards to Small

question 42

Essay

Which of the following are NOT true in regards to small and medium-sized enterprises SMEs).
a. They create approximately 50% of total value added in the world.
b. They generate 60-90% of employment, depending on where they are located.
c. Each year 4-6% of adult working population in North America, Western Europe, Central and Eastern Europe attempt to start a new venture.
d. Around the world, a majority of entrepreneurial firms including 60% of start-ups in the US) succeed within 6 years.
e. Entrepreneurship is not the exclusive domain of small, young firms.

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