Small Business Characteristics Quiz
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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</p> Signup and view all the answers

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

    <p>The manager</p> Signup and view all the answers

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