Which of the following is NOT considered to be a distinctive competency for small business?
A) Ability to move quickly to seize new opportunities
B) Ability to achieve economies of scale
C) Ability to identify new niches in established markets
D) Ability to identify new markets
E) Ability to exploit a first-mover advantage

Question

Quizplus · Accepted Answer

Achieving economies of scale is typically associated with larger businesses that have greater resources, production capabilities, and buying power. Small businesses are often characterized by their ability to be agile, innovative, and able to identify and capitalize on emerging opportunities, such as new niches or markets or a first-mover advantage.

Which of the Following Is NOT Considered to Be a Distinctive