Which of these qualities BEST explains why a specialty shop is often classified as a local business?
A) It is not able to borrow funds for expansion.
B) It accepts cash, checks, and credit cards as forms of payment.
C) It is a one-of-a-kind operation and relies on local consumers to generate business.
D) It sells only products that are made locally.
E) It does not need to carry liability insurance.

Question

Quizplus · Accepted Answer

A specialty shop is often classified as a local business because it is a unique one-of-a-kind operation that relies on local consumers to generate business.

Which of These Qualities BEST Explains Why a Specialty Shop