Which one of the following statements concerning a small business in Canada is incorrect?
A) Small businesses have fewer than 100 employees
B) Small businesses are those with revenues not exceeding $2 million
C) Small businesses account for more than two-thirds of employment in the non-institutional health care industry category
D) Small businesses are dominant in their market

Question

Quizplus · Accepted Answer

Small businesses are typically not dominant in their market; this characteristic is more aligned with larger corporations or enterprises. Small businesses often face competition from larger businesses and may not have a significant market share.

Which One of the Following Statements Concerning a Small Business