It may be economically impossible for small firms to offer strong warranties.

Name: It may be economically impossible for small firms to offer strong warranties.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

Small firms may not have the financial resources to offer strong warranties as they may have limited budgets and may struggle to allocate funds towards warranties. Additionally, small firms may not have the economies of scale that larger firms have, making it harder to absorb the costs of offering warranties.

It May Be Economically Impossible for Small Firms to Offer