Asked by Frederik Kjøbek on Sep 26, 2024
Refer to Renee' Burgos. In terms of number of employees, what would you tell Mr. Burgos about how "small businesses" are generally defined?
A) Fewer than 100
B) Up to 750
C) Between 20 and 40, excluding family members
D) Fewer than 10 (since he is an immigrant)
E) No more than 30
Risk
The potential for loss or the uncertainty regarding the outcome of an action or decision.
United States
A country located primarily in North America, composed of 50 states, a federal district, five major self-governing territories, and various possessions.
Entrepreneurship
The process of designing, launching, and managing a new business venture, typically characterized by innovation, risk-taking, and the pursuit of profit.
- Learn the definition and scope of small business and explore career opportunities within this sector.
Learning Objectives
- Learn the definition and scope of small business and explore career opportunities within this sector.