Which of the following best describes overhead costs for small businesses?
A) They primarily arise because small businesses must hire so many outside consultants.
B) They tend to be much higher than they are for large businesses when expressed as a percentage of total expenses, which is one of the reasons the failure rate of small businesses is so high.
C) They are often lower than they are for big companies, giving small businesses a competitive opportunity.
D) They are about the same as they are for big companies when measured as a percentage of total expenses.
Correct Answer:
Verified
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