Solution-Which one of the statements about enterprises is

Which one of the statements about enterprises is incorrect

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Problem 1: Micro Small Medium Enterprises (MSMEs) across the globe have been impacted by the pandemic. Which one of the following statements about these enterprises is INCORRECT?

Group of answer choices

Option 1: Even China's Small and Medium enterprises are experiencing the negative consequences of the pandemic with survey results showing cash shortages and revenue shortfalls.

Option 2: In the U.S. the impact of the pandemic is so severe that business applications by start-ups have reached a record low - much fewer applications as compared to the preceding several years.

Option 3: Based on the findings of the ITC survey, MSMEs in Africa have been more adversely impacted by the pandemic than MSMEs in other regions.

Option 4: MSMEs cannot be ignored - they assume a major role in the global economy as they stimulate domestic demand, job creation, and competition.

Reference no: EM132979389

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Which one of the statements about enterprises is incorrect

Reference no: EM132979389

Reference no: EM132979389

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