The unique features of a local environment can yield benefits to small firms locating there even when the costs are greater.

Name: The unique features of a local environment can yield benefits to small firms locating there even when the costs are greater.
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

The unique features of a local environment, such as access to natural resources or a specific market, can provide significant advantages for small businesses, even if the costs of operating in that location are higher than elsewhere.

The Unique Features of a Local Environment Can Yield Benefits