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Small businesses are considered dominant in the field in which it is bidding or proposing.

(A) True
(B) False

asked
User Heba
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7.8k points

1 Answer

2 votes

Answer: (B) False

Explanation: Small businesses are private entities, with fines of profit, that do not predominate in the industry to which they belong because they have a greater number of competitors and their level of annual sales that do not exceed values. In addition, the number of people who work is not very large according to the industry.

These companies usually correspond to entrepreneurship, need low capital and tend to have accelerated growth, however, a risk greater than any external situation affects them to the point of bankruptcy, such as: A slowdown in the economy.

answered
User Chris Simpkins
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8.2k points

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