Which of the following is true of a part-time firm?
A) It starts small and stays very small.
B) It has a continuous growth.
C) Its success is defined by annual profits of $1,000,000.
D) It aims to achieve growth rates of 25 percent or more a year.

Question

Quizplus · Accepted Answer

A part-time firm is typically started as a side business and is not intended to become a full-time enterprise. Therefore, it may stay small and not aim for continuous growth or high profits.

Which of the Following Is True of a Part-Time Firm