Which of the following statements about service businesses that are classified as small businesses is TRUE?
A) Service businesses appeal to the innovative nature of many entrepreneurs.
B) A service company that gift wraps gifts for people too busy to do it themselves is an example of a small business if it is privately owned and has only four employees.
C) A small business offering a car repair service is like other service businesses in that it offers a higher return on time invested.
D) The service industry attracts small business owners because it requires so few start-up resources.
E) All of these choices

Question

Quizplus · Accepted Answer

Each statement accurately reflects characteristics or advantages of small service businesses: A) highlights the appeal of innovation in service businesses; B) provides an example of a small service business based on size and ownership; C) suggests a common benefit of service businesses in terms of return on time; D) notes the low start-up resources often needed for service industry businesses.

Which of the Following Statements About Service Businesses That Are