Home / Unit-7 Entrepreneurship / Question
MCQ
What is a small business?
Unit-7 Entrepreneurship
A A business with limited size, employees and revenue
B A business owned by the whole country
C A business with thousands of branches
D A business that sells no products
Explanation

A small business is independently owned and operates on a small scale with few employees.

Related MCQs

After generating an idea in design thinking, the next logical step is:
Unit-7 Entrepreneurship View
Which of the following is an example of a customer need?
Unit-7 Entrepreneurship View
What is revenue?
Unit-7 Entrepreneurship View
A shopkeeper buys 100 items at Rs 150 each and sells each at Rs 200. What is the total profit?
Unit-7 Entrepreneurship View
The money spent to run a business is called:
Unit-7 Entrepreneurship View
A producer makes 40 units at a cost of Rs 250 each and sells each unit at Rs 300. What is the total profit?
Unit-7 Entrepreneurship View