MGTA02H3 Lecture Notes - Procter & Gamble, Labour Force Survey, Small Business

• School: UTSC
• Department: Management (MGT)
• Course: MGTA02H3
• Professor: H Laurence

Document Summary

Interrelationship among small business, new venture creation, entrepreneurship. Small business (=an owner-managed business with less than 100 employees. ) The canadian government industry canada is responsible for small business. Two main distinct information are provided by statistics canada. To be included: at least one paid employee, annual sales revenues of or more: business register. Goods-producing business is small: fewer than 100 employees. Service-producing business is small: fewer than 50 employees: labour force survey (publication key small business statistics) Information from individuals to make estimates of employmenr and unemployment. Self employed: working oweners of a business (either incorp. Work for themselves but no business (musicians and etc. ) People who have their own business but no employees would not fall in the category of be (because they are not incorporated and no employees) they overlap, but no way to identify the quantity of overlapping. A study by panel study of entreprenurial dynamics (psed), by erc members shows: