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Questions and Answers
What was the growth rate of women-owned firms from 1997 to 2002?
What was the growth rate of women-owned firms from 1997 to 2002?
- 22.1 percent
- 10.3 percent
- 15.5 percent
- 19.8 percent (correct)
What percentage of women-owned firms are home-based?
What percentage of women-owned firms are home-based?
- 40.2 percent
- 52.7 percent (correct)
- 35.8 percent
- 60.5 percent
What was the total estimated sales generated by women-owned firms in 2002?
What was the total estimated sales generated by women-owned firms in 2002?
- $500 billion
- $750 billion
- $1.2 trillion
- $940 billion (correct)
What is the average age of individuals who lead women-owned firms?
What is the average age of individuals who lead women-owned firms?
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Which industry has the highest percentage of women-owned businesses?
Which industry has the highest percentage of women-owned businesses?
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Study Notes
Women-Owned Firms
- The growth rate of women-owned firms from 1997 to 2002 was 20% annually.
- Approximately 60% of women-owned firms are home-based.
- The total estimated sales generated by women-owned firms in 2002 was $939 billion.
- The average age of individuals who lead women-owned firms is 46.
- The service industry has the highest percentage of women-owned businesses.
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