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Which of the Following Is NOT True in Regards to Small

Question 34

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Which of the following is NOT true in regards to small and medium-sized enterprises (SMEs) .


A) They create approximately 50% of total value added in the world.
B) They generate 60-90% of employment, depending on where they are located.
C) Each year 4-6% of the adult working population in North America, Western Europe, Central and Eastern Europe attempt to start a new venture.
D) Around the world, a majority of entrepreneurial firms (including 60% of start-ups in the United States) succeed within 6 years.

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