Small business is able to react less quickly to new and changing markets than is large business with its increased economies of scale.

Name: Small business is able to react less quickly to new and changing markets than is large business with its increased economies of scale.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Small businesses often have more flexibility and can adapt more quickly to new and changing markets compared to large businesses, which may have more bureaucratic processes and structures.

Small Business Is Able to React Less Quickly to New