2.2 Classification of a business by Size Flashcards
1
Q
Define a micro business by size
A
micro business: a business with fewer than 5 employees
2
Q
Define a small business by size
A
small business: a business with 5-19 employees
3
Q
Define a medium business by size
A
medium business: a business with 20-199 employees
4
Q
Define a large business by size
A
large business: a business with 200 or more employees
