Small Business Characteristics Quiz
5 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

How many employees can a larger small-scale business often employ according to the text?

  • More than one hundred
  • Less than fifty
  • Less than one hundred (correct)
  • No limit on the number of employees

What does a small business require in terms of capital, according to the text?

  • Large Capital Requirement
  • Unlimited Capital Requirement
  • Small Capital Requirement (correct)
  • No Capital Requirement

What type of operation is mostly associated with small businesses as per the text?

  • National Operation
  • Regional Operation
  • Global Operation
  • Mostly Local Operation (correct)

What is a distinctive characteristic of a small business based on the text?

<p>Independent Management (C)</p> Signup and view all the answers

What can the owner of a small business also be, based on the text?

<p>The manager (D)</p> Signup and view all the answers
Use Quizgecko on...
Browser
Browser