In What Area Can a Small Business Create an Advantage

question 106

Multiple Choice

In what area can a small business create an advantage over larger competitors?

• A) Value
• B) Price
• C) Response time
• D) Marketing
• E) Shipping costs

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Definitions:

Aversive Event

An unpleasant or undesirable occurrence that may trigger negative responses or behavior.

Neutral Value

Neutral Value denotes a value or belief that is perceived as neither inherently positive nor negative, but rather impartial or unbiased.

Positive Event

An occurrence that is beneficial, favorable, or advantageous, leading to positive outcomes or feelings.

Special Recognition

The act of acknowledging or rewarding an individual's or group's achievements, often to motivate and encourage continued effort and success.