Total research and development expenditures

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You are president of a local small business industry association and have been called to speak before the municipal council. Due to budget constraints, there is fear that funding for your small business association might be cut. Which of the following are facts about small businesses in Canada that you would use to argue against cuts? Check all that apply.

a. While big companies employ the vast majority of all working Canadians, we should not forget the importance of small businesses as a source of employment.

b. The vast majority of all organizations with employees are small businesses, making them a huge source of jobs for our economy.

c. Small businesses accounted for 87% of net employment change between 2005 and 2015.

d. Between 2011 and 2013, small businesses accounted for 30% of total research and development expenditures.

e. While small businesses don't represent the majority of organizations in any industries, they do contribute a lot to the industries they are in.

f. Small businesses account for more than 40 million jobs in the wholesale and retail trade, accommodation and food services, manufacturing and construction industries.

Reference no: EM133163938

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