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. Small businesses can and do develop new and innovative products. In fact, small businesses are often more agile and able to take risks with new products than larger organizations. While some small businesses may choose to replicate successful products from larger organizations, it is not always the case that they lack creative means to develop their own innovative products.

Small Businesses Rarely Have the Creative Means to Develop New