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The businesses examined are: “Laservision Australia”, “Luken and May”, and “Peter Alexander”.
Characteristics of Small Businesses
Although there is no universally accepted definition of a small business, small businesses are generally identified through reference to quantitative measurements, and qualitative descriptions.
Quantitative
A quantitative measurement is one which exists in a range of magnitudes – it can therefore be measured. Examples of quantitative measurements used to describe the characteristics of small businesses include:
- The number of staff a business employs...
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