Many small business owners are content to run businesses that supports their families. This is an example of
A) differentiation.
B) growth.
C) cost-leadership.
D) stability.
E) retrenchment.

Question

Quizplus · Accepted Answer

This is an example of stability, where the business owner is satisfied with maintaining the current level of business to support their family without necessarily seeking significant growth, differentiation, or cost leadership.

Many Small Business Owners Are Content to Run Businesses That