A business having fewer than 100 employees,independently owned and operated,not dominant in its field and not characterized by many innovative practices is a(n)
A)nonprofit opportunity.
B)small business.
C)global start-up.
D)entrepreneurial venture.
E)incubator.

Question

Quizplus · Accepted Answer

The characteristics listed in the question describe a small business, which is defined as a business with fewer than 100 employees, independently owned and operated, not dominant in its field, and not characterized by many innovative practices. Nonprofit opportunities, global start-ups, and incubators do not necessarily meet all of these criteria, while entrepreneurial ventures could potentially fit the description but are not explicitly mentioned as an option.

A Business Having Fewer Than 100 Employees,independently Owned and Operated,not