Asked by Haley Murphy on Jul 19, 2024
Verified
Although Small Business Administration (SBA) standards allow up to 500 employees in some types of businesses, the most common limit is ______.
A) 10
B) 50
C) 100
D) 200
Small Business Administration (SBA)
A U.S. government agency that provides support to entrepreneurs and small businesses.
- Understand the significance and meaning of small enterprises within the international marketplace.
Verified Answer
PM
Peter MasihJul 26, 2024
Final Answer :
C
Explanation :
The most common limit for defining a small business according to the Small Business Administration (SBA) standards is 100 employees. This threshold is used to determine eligibility for various programs and support offered by the SBA.
Learning Objectives
- Understand the significance and meaning of small enterprises within the international marketplace.
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