Which of the following statements is TRUE about the industries that small business owners may consider entering?
A) Small businesses dominate the construction industry.
B) Since the deregulation of banks,the small local bank has completely disappeared.
C) Barriers to entry are generally small.
D) There are no small businesses in the wholesaling industry.
E) More than any other industry,discounting lends itself to the skills of the small business owner.

Question

Quizplus · Accepted Answer

Barriers to entry are generally small in many industries, making it possible for small business owners to enter and operate. However, small businesses do not dominate the construction industry (A), the deregulation of banks has not completely caused the disappearance of small local banks (B), there are small businesses operating in the wholesaling industry (D), and discounting is not an industry, but a pricing strategy that can be applied to various industries (E).

Which of the Following Statements Is TRUE About the Industries