According to the survey on trends and future development in small business, nearly half of the respondents saw inadequate management skills as a threat to their companies, as compared to less than 25 percent in larger companies.

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The statement mentions that nearly half of the respondents in small businesses saw inadequate management skills as a threat, as compared to less than 25 percent in larger companies, which implies that the statement is true.

According to the Survey on Trends and Future Development in Small