İşletmeye Giriş Deneme Sınavı Sorusu #1150167
Which of the following information about small businesses is not correct?
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A small business is independently owned and operated and not dominant in its field of operation. |
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We can measure the size of a small business according to the number of employees or its monetary value. |
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Small business flexibility tends to favor innovations in terms of new products or introducing new business processes or methods. |
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Small businesses provide goods and services to other small and large companies. |
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Small businesses constitute only a small proportion of all enterprises in most countries. |
Small businesses are very important to most economies, even in advanced economies like the U.S. and the U.K. For example, 99.7% of the U.S. firms are considered to be small businesses in 2012 (less than 500 employees). In Turkey, 99.8% of all enterprises in Turkey are made up of SMEs or those with less than 250 employees which employ more than 73% of the workforce. Thus, small businesses constitute the majority of all enterprises in most economies.
The correct answer is E.
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