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Several Factors Make It Difficult for SMEs (Small and Medium-

Question 8

Multiple Choice

Several factors make it difficult for SMEs (small and medium- sized enterprises) in the UK to succeed. Which of the following is not one of them?


A) Lack of economies of scale
B) Lack of marketing or product credibility
C) The principal- agent problem
D) Banks are not willing to lend on reasonable terms

Correct Answer:

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