Multiple Choice QuestionWhile The Fresh Burger Hut does not dominate in the fast food market, it is successful. The independently-owned company employs 155 people and operates six restaurants in Pennsylvania. The Fresh Burger Hut would be classified asMultiple choice question.a mini multinational.an S corporation.a small business.a nonprofit corporation.
Question
Multiple Choice QuestionWhile The Fresh Burger Hut does not dominate in the fast food market, it is successful. The independently-owned company employs 155 people and operates six restaurants in Pennsylvania. The Fresh Burger Hut would be classified asMultiple choice question.a mini multinational.an S corporation.a small business.a nonprofit corporation.
Solution
The Fresh Burger Hut would be classified as a small business. This is because it is independently owned, has a relatively small number of employees, and operates a limited number of locations within a specific geographical area.
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