Small Businesses Usually Have Only One Layer of Management

Small businesses usually have only one layer of management.Which of the following is an implication of this fact?

A) Small businesses face a low risk of failure.
B) Small businesses have great flexibility to adapt to changing market conditions.
C) The decision-making process is lengthy in small businesses.
D) Small businesses have better access to managerial experience and skills than larger firms.
E) Small business owners have a limited amount of direct authority.