MGTA01H3 Chapter Notes - Chapter 3: Labour Force Survey, Procter & Gamble, Swiffer
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MGTA01H3 Full Course Notes
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Chapter 3- understanding entrepreneurship, small business, and new venture. The links among small business, new venture creation, and entrepreneurship. Small business an owner managed business with less than 100 employees. Might be include the number of people the business employs, the company"s sales revenue, the size of investment required or the type of ownership structure the business has. Industry canada is the main federal government agency responsible for small business. The government relies on two distinct sources of information both from stats canada: - business register (tracks businesses) (tracks individuals) To be included in the register a business must have: Annual sales revenues of 000 or more. Or be incorporated a good producing business in the register is considered small if it has fewer than 100 employees, while a service producing business is considered small if it has fewer than. Labour force survey uses information from individuals to make estimates of employment and unemployment levels.