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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Chapter 5 Assignment 1

Chapter 5 Assignment 1

Q 1 of 25 Which of the following is correct regarding the small-business sector in the United States? 2 of 25 Which of the following is correct regarding the importance of small businesses to the United States economy? 3 of 25 Which of the following data is correct regarding small businesses in the United States? 4 of 25 Since she was 12 years old, Ama has dreamed to own and operate a food truck that will sell traditional West African cuisine. Ama’s desire to create a new business is known as which of the following? 5 of 25 Flynn wants to start a new dog-grooming business. Which of the following is not a recognized factor that may influence Flynn to start his small business?

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1. There are approximately 31.7 million businesses in this country. 2. They represent 99.9 percent of all employer firms. 3. Distribution industries account for approximately 33 percent of all small businesses. 4. Entrepreneurial spirit 5. The economic safety and security associated with starting a small business