M: Business 3rd Edition by O. C. Ferrell, Geoffrey Hirt, Linda Ferrell

Exercise 57

One advantage that small businesses have over large businesses is that they

A. are better able to focus on a few key customers.

B. have well-defined goals and objectives.

C. can arrange financial help easily because their capital needs are much smaller.

D. know what they want to do and have the ability to do it.

E. have specialized knowledge about the various areas of business concern.