A Small Business in Competition with Larger Businesses Is Seldom

question 69

True/False

A small business in competition with larger businesses is seldom in a position to function as a price leader.

---

Definitions:

Stress

The body's response to any demand or challenge, which can be physical, mental, or emotional in nature.

Acculturative Stress

The psychological impact of adapting to a new culture, which can include feelings of loss, confusion, and conflict between cultural norms.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, involved in regulating heart rate, blood vessel and air passage diameters, and metabolic shifts; its release is crucial in the body's acute stress response.

General Adaptation Syndrome

A three-stage response (alarm, resistance, exhaustion) that the body has to stress.