According to the Small Business Administration, a small business is defined as a company that ________. A) is newly launched and has fewer than 100 shareholders B) is dominant in its field and employs fewer than 1,500 employees C) has revenue of less than $750,000 D) is any independent firm with fewer than 500 employees E) is funded through personal lines of credit and has fewer than 1,000 employees
According to the Small Business Administration, a small business is defined as a company that ________. A) is newly launched and has fewer than 100 shareholders B) is dominant in its field and employs fewer than 1,500 employees C) has revenue of less than $750,000 D) is any independent firm with fewer than 500 employees E) is funded through personal lines of credit and has fewer than 1,000 employees
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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According to the Small Business Administration, a small business is defined as a company that ________.
A) is newly launched and has fewer than 100 shareholders
B) is dominant in its field and employs fewer than 1,500 employees
C) has revenue of less than $750,000
D) is any independent firm with fewer than 500 employees
E) is funded through personal lines of credit and has fewer than 1,000 employees
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