Lilliana Hoffman

Business

15 March, 06:45

Which one of the following is NOT one of the two conditions that must be met for a business to be defined as "small business"?

A. Capital is supplied and ownership is held by an individual or a few individuals.

B. Both the area of operations and the market are local.

C. The business is small in comparison with the larger competitors in its industry.

D. Management is independent because the manager usually owns the business.

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