A strategic advantage of entrepreneurial ventures/small businesses over large businesses is
A) economics of scale.
B) flexibility.
C) marketing options.
D) distribution.
E) profit potential.

Question

Quizplus · Accepted Answer

Entrepreneurial ventures/small businesses have greater flexibility compared to large businesses, as they can quickly adapt to changes in the market, customer needs, and technology. This allows them to innovate and respond to trends faster than larger companies, giving them a competitive advantage.

A Strategic Advantage of Entrepreneurial Ventures/small Businesses Over Large Businesses