The size standard for small business used in this course would exclude firms that have more than 100 employees.

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Prepare for the AAMI Small Business Management Test with flashcards and multiple choice questions; each question comes with hints and explanations. Get exam ready!

Multiple Choice

The size standard for small business used in this course would exclude firms that have more than 100 employees.

Explanation:
In this course, a small business is defined by a size cutoff: firms with up to 100 employees are considered small. So the standard is to exclude firms that have more than 100 employees. That exact phrasing matches the rule described in the material. Other cutoffs (like excluding firms with more than 50, 200, or 500 employees) don’t align with the stated rule, which is why they don’t fit the standard used here.

In this course, a small business is defined by a size cutoff: firms with up to 100 employees are considered small. So the standard is to exclude firms that have more than 100 employees. That exact phrasing matches the rule described in the material.

Other cutoffs (like excluding firms with more than 50, 200, or 500 employees) don’t align with the stated rule, which is why they don’t fit the standard used here.

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