Start-up companies are disadvantaged when compared to established companies because they start with old designs and obsolete equipment

Question

Quizplus · Accepted Answer

Start-up companies often have the advantage of starting with new designs and the latest equipment. They are able to incorporate the latest technologies and innovations into their products and services, giving them a competitive edge in the market. Established companies may be burdened with legacy systems that are difficult to upgrade or replace, which can limit their ability to adapt to changing market conditions.

Start-Up Companies Are Disadvantaged When Compared to Established Companies Because