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4 cards from this section. Quick, good the night before a test.
What category does a neighborhood grocery store fall under?
Think about the scale of operations.
What is one factor used to measure the size of a business?
Consider what defines a business's operational scale.
What defines a micro enterprise?
Think about the smallest form of business.
True or False: All large enterprises only operate locally.
Remember what we discussed about large businesses.
Consider a company transitioning from a small enterprise to a medium enterprise. Discuss the changes it might face operationally and financially.
Focus on how the operational scale changes.
Analyze the implications of size for a micro enterprise seeking funding to expand its operations.
Consider the barriers that smaller businesses face.
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