Which of the following statements does NOT support the common notion t

QUESTION

Which of the following statements does NOT support the common notion that small business is the backbone of America?

A) Small businesses provide the first job for most entrants to the labor force.
B) Companies with fewer than 500 employees comprise over 99 percent of all U.S. businesses.
C) Small firms are twice as innovative per employee than large firms.
D) Small businesses are more apt to fail than big businesses are.
E) Small businesses have generated 64 percent of net new jobs annually for 15 years.

ANSWER

Answer: D
Explanation: D) Small businesses provide numerous benefits to the economy. They also face higher levels of risk.