All competitive advantages do not accrue to large-sized firms.A major advantage of smaller firms is that they:
A) are more likely to have organizational slack.
B) can launch competitive actions more quickly.
C) have more loyal and diverse workforces.
D) can wait for larger firms to make mistakes in introducing innovative products.

Question

Quizplus · Accepted Answer

Smaller firms can often respond more quickly to changes in the market and launch competitive actions faster due to their less bureaucratic structures and more flexible decision-making processes.

All Competitive Advantages Do Not Accrue to Large-Sized Firms