which business scenario fits the definition of a small business, according to the sba? a not - for - profit…

which business scenario fits the definition of a small business, according to the sba? a not - for - profit credit counseling service a multinational language translation service a fast food restaurant that is independently owned and operated a movie screen company that controls 90% of the movie screen market

which business scenario fits the definition of a small business, according to the sba? a not - for - profit credit counseling service a multinational language translation service a fast food restaurant that is independently owned and operated a movie screen company that controls 90% of the movie screen market

Answer

Brief Explanations:

The Small - Business Administration (SBA) defines a small business as an independently owned and operated business that is not dominant in its field. A not - for - profit is not a small business in the traditional for - profit sense. A multinational is large by nature. A company controlling 90% of a market is dominant. An independently owned and operated fast - food restaurant fits the SBA's definition of a small business.

Answer:

A fast food restaurant that is independently owned and operated