BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

RESEARCH METHODOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The largest number of U.S. businesses have no employees other than the owner.
A
true
B
false
Explanation: 

Detailed explanation-1: -The largest number of U.S. businesses have no employees other than the owner. When a large business opens in an area, other businesses often will locate there to support the larger business. Nonprofit corporations do not have to pay corporate income taxes. Most businesses use a functional organizational structure.

Detailed explanation-2: -In the United States, where Walmart has its highest number of employees, there are 4, 742 stores as of 2022, and some 3, 570 of these stores are Walmart’s Supercenters . The company has expanded all around the world, especially having a high number of stores in.

Detailed explanation-3: -According to the SBA Office of Advocacy, there are currently 21, 139 large businesses in the United States-which means that small businesses make up a whopping 99.9% of all firms in the US. Small firms also make up: 99.7 percent of businesses with paid employees.

Detailed explanation-4: -Based on data from the U.S. Census Bureau, there were 6.1 million employer firms in the United States in 2019 (latest data). Firms with fewer than 500 employees accounted for 99.7% of those businesses. Firms with fewer than 100 employees accounted for 98.1%. Firms with fewer than 20 employees made up 89.0%.

There is 1 question to complete.