Statistics on Small Business Failure Rates Indicate That __________ of New

question 129

Multiple Choice

Statistics on small business failure rates indicate that __________ of new businesses fail in their first five years of operation.

• A)Less than 20 percent.
• B)20 to 40 percent.
• C)About half.
• D)60 to 80 percent
• E)More than 80 percent.

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Definitions:

Unlawful

Actions or conduct that are not permitted by law and could lead to legal penalties.

Fair Trade Act

Legislation aimed at ensuring producers in developing countries are paid fair prices for their goods.

Consumerism

An economic and social system that promotes the continuous increase in purchasing and consuming goods and services.

Grassroots Movement

A movement driven by the politics of a community. It's built from the bottom up, demanding change or action from the wider society.