Which of the Following Is an Advantage for Small Businesses

question 39

Multiple Choice

Which of the following is an advantage for small businesses that choose to enter the retailing industry?

• A)Retailing is a relatively difficult field to gain entry.
• B)Retailing requires a large capital investment in the initial stages.
• C)Retailing allows small business to focus on specific groups of consumers.
• D)Retailing requires sophisticated machinery and technical expertise.
• E)Retailing suffers from heavy competition and losses only in the initial stages.

Learn how to effectively use slide transitions and builds to enhance presentation delivery.

Recognize the importance of using active voice and clear, concise language on slides.

Master the skill of adapting graphics, including charts and graphs, for clearer slide presentations.

Understand how to effectively organize a presentation using agenda, bumper, and navigation slides.

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Definitions:

Y-Intercept

The point where a line crosses the y-axis of a graph, indicating the value of y when the independent variable (x) is zero.

Take-Home Pay

The net amount of income that an employee receives after deductions such as taxes and social security contributions.

Wage and Tax Statement

An IRS form, specifically Form W-2, that employers provide to employees and the IRS, detailing the employee's annual wages and taxes withheld.

Purpose

The reason for which something is done or created, or for which something exists.