Small Business Management Study Set 1
Quiz 1: Small Business: an Overview
The Stronger and More Sustainable the Competitive Advantage, the Better
The stronger and more sustainable the competitive advantage, the better the chance of winning and consequently keeping customers.
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Small business is able to react less quickly to new and changing markets than is large business with its increased economies of scale.
The ability to remain flexible and innovative is an inherent factor in the favor of small businesses.
Computers are an invention that small business has contributed to society.
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