Small businesses differ from high-growth ventures in that in small businesses:
A) the focus is on effectiveness rather than efficiency.
B) the preferred source of funding is the owner's own money rather than other people's money.
C) the delegation of responsibilities is easy and necessary rather than difficult.
D) the metastrategy is for novelty rather than imitation.

Question

Quizplus · Accepted Answer

Small businesses typically rely on the owner's personal savings or investments, as well as profits from the business itself, to fund operations and growth. This is different from high-growth ventures, which often seek funding from external investors.

Small Businesses Differ from High-Growth Ventures in That in Small