When small businesses compete with large firms, a main disadvantage is
A)analyzing unusual or unique competitive factors.
B)operating at a cost level.
C)lacking flexibility.
D)reaching break-even point quicker.

Question

Quizplus · Accepted Answer

Small businesses often struggle to compete with large firms on cost levels due to economies of scale that larger companies benefit from, making it more challenging for small businesses to offer competitive pricing or absorb lower profit margins.

When Small Businesses Compete with Large Firms, a Main Disadvantage