John Deere relies on hundreds of vendors to produce component parts for its farm equipment. This illustrates which secret of small business success?
A) Small businesses have competitive advantage over large businesses.
B) A symbiotic relationship exists between small and large businesses.
C) Small businesses perform more efficiently than larger ones.
D) Small businesses are able to innovate more easily than larger ones.

Question

Quizplus · Accepted Answer

John Deere's reliance on hundreds of vendors for component parts demonstrates a symbiotic relationship between small and large businesses, where both benefit from their interactions.

John Deere Relies on Hundreds of Vendors to Produce Component