Examlex
Explain in detail three advantages that contribute to the success of a small business.
Long Delivery Times
Long Delivery Times refer to the extended period it takes for a customer to receive a product or service after placing an order, often due to manufacturing or logistical complexities.
Credit Period
The amount of time allowed by a seller to a buyer to pay for the goods or services purchased on credit, usually described in days.
Highly Perishable
Describes goods or products that have a short shelf life and require immediate consumption, sale, or processing to avoid spoilage or loss of value.
High Cost Item
Products or services that require a significant amount of money to purchase or maintain, often reflecting quality or luxury status.
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