All competitive advantages do not accrue to large-sized firms.A major advantage of smaller firms is that ____.
A) they are more likely to have organizational slack
B) they can launch competitive actions more quickly
C) they have more loyal and diverse workforces
D) they can wait for larger firms to make mistakes in introducing innovative products

Question

Quizplus · Accepted Answer

Smaller firms can launch competitive actions more quickly due to their smaller size and less bureaucratic structure. They are able to make decisions and implement changes faster than larger firms, giving them a competitive advantage.

All Competitive Advantages Do Not Accrue to Large-Sized Firms