Question

QUESTION 25 List three classifications of farms based on economic size. TTT 쫓 Paragraph . Arial . 3(12pt) ·-·-·T·ノ·순

Answer 1

according to economic size firms are classified as small, medium and large firms. the small firms has around 10 -49 employes medium size has around 50-249 employees and a large firm has more than 250 employees. the turnover of the firms depends on which nation they are placed in but approximately the turnover of small medium and large farms are as follows- <10 million $ ,10 -50 million $ and >50 million $ respectively.