Question

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 6090% of employment, depending on where they are located.

c. Each year 46% 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.

Answer

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