Which of the Following Is not One of the Defining

question 145

Multiple Choice

Which of the following is not one of the defining characteristics of small businesses?

• A) a business with 100 or fewer employees
• B) a business that makes an annual profit of less than $100,000
• C) a business that is independently owned
• D) a business that is independently operated
• E) a business that does not dominate its industry

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Definitions:

General Motors

A global American corporation with its main office in Detroit, specializing in the design, production, marketing, and sales of automobiles and their components.

Sears

An American chain of department stores known for its significant historical impact on retail but has struggled financially in recent years.

Sustainable Growth Rate (SGR)

The growth rate a firm can maintain given its debt capacity, ROE, and retention ratio.

Finance Perspective

An approach or viewpoint focusing on the management, creation, and study of money, banking, credit, investments, assets, and liabilities.