Compared to large businesses,which of the following statements regarding small businesses is correct?
A)Small businesses are less likely to hire young employees.
B)Small businesses are less likely to develop new products.
C)Small businesses are more likely to be eligible for government loans or for government purchasing programs.
D)Small businesses are more likely to be franchises.

Question

Quizplus · Accepted Answer

Small businesses are often eligible for government loans and purchasing programs through set-aside contracts and other initiatives specifically designed to promote the growth and success of small businesses. This is one of the advantages that small businesses have over larger ones. The other statements - A, B, and D - are not true, as small businesses often hire young employees, develop new products, and can be either franchises or independent ventures.

Compared to Large Businesses,which of the Following Statements Regarding Small