Which of the following is an advantage of a small organization?
A)Scale economies
B)Lower operating costs
C)Greater purchasing power
D)Easier access to capital
E)Greater employee involvement

Question

Quizplus · Accepted Answer

Large size creates scale economies-that is, lower costs per unit of production. Size can offer advantages, such as lower operating costs, greater purchasing power, and easier access to capital. Smaller companies can move fast, provide quality goods and services to targeted market niches, and inspire greater involvement from their employees.

Which of the Following Is an Advantage of a Small