A firm may try to be both "big" and "small" in order to capitalize on the advantages of each.

Name: A firm may try to be both "big" and "small" in order to capitalize on the advantages of each.
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Question

Quizplus · Accepted Answer

This statement is true. A firm may try to have the advantages of a big company, such as economies of scale and access to resources, while also having the advantages of a small company, such as flexibility and agility. This is often achieved through strategic management and organizational structure.

A Firm May Try to Be Both "Big" and "Small