Small Businesses Can Potentially Have More Advantages Than Larger Businesses

question 46

Multiple Choice

Small businesses can potentially have more advantages than larger businesses in the global economy because

• A)Small companies can change quickly to take advantage of opportunities in new markets.
• B)Larger companies have more slack resources to absorb risk.
• C)Small companies require a lot of travel from their CEOs.
• D)Small companies have more access to resources.

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Definitions:

Collaborative Writing

The act of two or more people working together to produce a written document.

Project Process

The series of phases or steps undertaken to plan, execute, and complete a project successfully.

Unified Communication System

A system that integrates various communication methods within a business into a single interface.

Mobile Collaboration

The use of smartphones, tablets, and other mobile devices to work together and share information in a business or project setting.