Small business interest peaked in 1987, and small businesses have since lost market share to larger corporations. While small businesses seem to be currently stable in the marketplace, they still have not regained their place from the past century. One possible explanation is that:Select one:a.small business owners are not able to generate jobs.b.big businesses have learned to behave like smaller companies.c.the number of employees that defines a small business has been reduced.d.small companies generally cannot dominate in the niche technology market, giving way to the larger companies.e.small business owners want their companies to become large ones, creating greater competition in the large-company sector.

Business is run by its owner in order to earn profit by the operations of the buisness.

Answered: Small business interest peaked in 1987,…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Small business interest peaked in 1987, and small businesses have since lost market share to larger corporations. While small businesses seem to be currently stable in the marketplace, they still have not regained their place from the past century. One possible explanation is that:

Select one:

small business owners are not able to generate jobs.

big businesses have learned to behave like smaller companies.

the number of employees that defines a small business has been reduced.

small companies generally cannot dominate in the niche technology market, giving way to the larger companies.

small business owners want their companies to become large ones, creating greater competition in the large-company sector.

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