Which of the following is not likely to be an advantage of a small firm?

Name: Which of the following is not likely to be an advantage of a small firm?
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Question

Quizplus · Accepted Answer

Economies of scope are more typically associated with larger firms that can spread their costs over a variety of products or services, benefiting from the diversification. Small firms, while they may have low overhead, quality service, and flexibility, generally do not achieve economies of scope to the same extent as larger firms.

Which of the Following Is Not Likely to Be an Advantage