They create employment . Each firm may not employ many workers, but collectively the small-business sector in most countries employs a high proportion of the working population.

The nation's small businesses ________.a.All of the aboveb.account for 47 percent of business salesc.employ more than 49 percent of the nation's private sector workforced.create more jobs than do big businesses

Multiple Select QuestionSelect all that applyWhich two statements are accurate regarding the role of small businesses in the U.S. economy?Multiple select question.More than 99 percent of U.S. firms are classified as small businesses.Small businesses employ nearly half of all private workers.Approximately 50 percent of all U.S. firms are small businesses.Small firms represent approximately 25 percent of exported goods from the United States.

These are manufacturing companies with more than a hundred of employees whichcan be an opportunity for entrepreneursA. Industry B. Macro Market C. Market D. Micro-market

Why are small businesses important to a country's economy?Question 7Answera.They can provide specialist support to larger companies.b.All the three.c.They can be innovators of new products.d.They give an outlet for entrepreneurs.

Small companies have flourished because theyemploy more skilled people than larger businesses.often expand easily in mature industries.have better organizational policies and procedures.respond more quickly to their customers' needs.