A well-managed small business is most likely to:

Question

Quizplus · Accepted Answer

A well-managed small business is likely to emphasize long-range planning in order to stay competitive and adapt to changes in the market. It is important for the business to have a clear strategy for growth and sustainability. Placing low importance on the balance sheet and emphasizing rapid growth may lead to financial instability and eventual failure. Being less liquid than a badly managed company is also not a desirable outcome, as it can limit the business's ability to respond to unexpected events or opportunities.

A Well-Managed Small Business Is Most Likely To