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Small Businesses and the United States Postal Service
Although the US Postal Service is a public sector
organization, how does it exhibit some the characteristics of a small
businessor an entrepreneurial venture?

Your previous answer indicated some of the characteristics
of a private business. All of which were correct, but apparently my professor
believes that the US Postal Service has some characteristics that are similar
to the small business or an entrepreneurial venture.

Characteristics of a small business include: independently
owned, operated, and financed; fewer than 100 employees; does not emphasize new
or innovative practices; and has little impact on industry.

The characteristics of an entrepreneurial venture include:
innovative strategic practices; strategic goals are profitability and growth;
seeks out new opportunities; and is willing to take risks.

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