Since they lack the financial resources to fund research and product development efforts, small businesses are seldom able to introduce new innovations into the marketplace.

Question

Quizplus · Accepted Answer

While small businesses may face financial constraints, they are still able to introduce new innovations into the marketplace. They can use alternative methods such as crowdsourcing, partnerships with other businesses, or focusing on niche markets to bring new products and services to customers.

Since They Lack the Financial Resources to Fund Research and Product