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  • Basics of Business Online Quiz
  • A small business serves a limited geographic area and emp...
Multiple choice

A small business serves a limited geographic area and employs no more than 100 people.

  1. TRUE

  2. FALSE

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Definitions of a 'small business' vary significantly by industry and country. There is no universal rule that a small business must employ no more than 100 people; many small businesses have different size thresholds.

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