Small business interest peaked in 1987, and small businesses have since lost mar

Question

Small business interest peaked in 1987, and small businesses have since lost market share to larger corporations. While small businesses seem to be currently stable in the marketplace, they still have not regained their place from the past century. One possible explanation is that:

Select one:

a. small business owners are not able to generate jobs.

b. big businesses have learned to behave like smaller companies.

c. the number of employees that defines a small business has been reduced.

d. small companies generally cannot dominate in the niche technology market, giving way to the larger companies.

e. small business owners want their companies to become large ones, creating greater competition in the large-company sector.

Explanation / Answer

a. small business owners are not able to generate jobs.

Employment opportunities is one of the most lucrative offer for the people to resort to an industry or business arena. In this regard, in spite of Small businesses attempting to create job opportunities for the candidates but the options are relatively lesser owing to the limited operational scope of such businesses and the lesser requirement of workforce strength corresponding to the same. While on the other side, since Larger Corporations have created opportunities for Jobs and operate on a wider operational strength, smalle businesses seem to be still not regaining their place from the past century.

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