INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Holds Trade shows
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buys products from entrepreneurs to help them out
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publishes information that may be helpful for small businesses
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has a department in most public libraries
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Detailed explanation-1: -More FAQs about the SBA’s small business definition A small business is generally a privately-owned enterprise with 500 or fewer employees.
Detailed explanation-2: -Which of the following best describes the Small Business Administration (SBA)? It is an independent agency of the U.S. government that offers assistance to small businesses that meet certain criteria.
Detailed explanation-3: -Small businesses are either services or retail operations like grocery stores, medical stores, tradespeople, bakeries and small manufacturing units. Small businesses are independently owned organisations that require less capital and less workforce and less or no machinery.
Detailed explanation-4: -Low Profitability and Revenue. In basic terms, a small firm poses lower revenue with respect to the bigger one. Fewer Employees. Smaller Market Area. Sole Proprietorship/Partnership and Taxes. Fewer Locations. Board Meetings: Annual Return. Cash Flow Statement. More items •24-Nov-2021