Which entity is defined as independent and has little influence on its market?
A) Corporation
B) Joint venture
C) Small business
D) Partnership
E) Government agency

Question

Quizplus · Accepted Answer

A small business is typically defined as an independent entity with fewer than 500 employees and limited influence on its market compared to larger corporations or government agencies. Joint ventures, corporations, and partnerships can all have significant market influence or be influenced by external factors. Government agencies are often regulators or have significant authority within their jurisdiction.

Which Entity Is Defined as Independent and Has Little Influence