Small businesses rarely have the creative means to develop new and innovative products. They often wait for larger organizations to develop the product and then simply copy the larger organization's idea.

Question

Quizplus · Accepted Answer

This statement is not entirely true. While small businesses may not have the same level of resources as larger organizations, they can still be highly innovative and come up with new product ideas of their own. Additionally, many small businesses focus on niche markets or specific customer needs that larger organizations may overlook, allowing them to create unique products and services. While some small businesses may try to replicate successful products from larger organizations, this is not always the case and depends on the industry and specific business.

Small Businesses Rarely Have the Creative Means to Develop New