Which of the following is a characteristic of small businesses?

Question

Quizplus · Accepted Answer

Small businesses are typically owned by an individual or a small group of people. This is what sets them apart from larger businesses that have more complex ownership structures. Small businesses are often started by entrepreneurs who are motivated by the desire to be their own boss and to have control over their work. This ownership structure also means that small businesses are generally more flexible and adaptable than larger corporations, as they can make decisions more quickly and easily.

Which of the Following Is a Characteristic of Small Businesses