In Japan small businesses are:

Question

Quizplus · Accepted Answer

None of the statements in the answer choices are true. While small and medium-sized enterprises (SMEs) are an important part of the Japanese economy, they face many challenges such as competition from large corporations and difficulty in obtaining financing. The government offers support programs for SMEs, but they are not greatly favored or exempt from most taxes. Furthermore, working for a small business is not necessarily considered more desirable than working for a large corporation in Japan. The rate of forming new businesses in Japan is also slower than in the United States.

In Japan Small Businesses Are