Which of the following is NOT a characteristic of a small business?
A)has more formal managers than a large business
B)has about 200 employees
C)is not a "player" with impact within its industry
D)has a relatively small market share of its product

Question

Quizplus · Accepted Answer

Small businesses typically have fewer formal managers than large businesses. Option B is incorrect because 200 employees would not qualify as a small business by most definitions. Option C is incorrect because many small businesses have a significant impact within their industry, even if they are not dominant players. Option D is incorrect because having a relatively small market share is a common characteristic of small businesses.

Which of the Following Is NOT a Characteristic of a Small