In what area can a small business create an advantage over larger competitors?
A) Value
B) Price
C) Response time
D) Marketing
E) Shipping costs

Question

Quizplus · Accepted Answer

A small business can create an advantage over larger competitors in terms of response time. Since smaller businesses typically have less bureaucracy and fewer employees, they are more agile and able to respond quickly to customer needs and requests. This can lead to increased customer satisfaction and loyalty, which is a valuable advantage in today's competitive marketplace.

In What Area Can a Small Business Create an Advantage