Explain How a Small Business Can Be More Innovative Than

question 56

Essay

Explain how a small business can be more innovative than a large firm.

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Definitions:

Secondary Storage

A type of computer storage separate from the main memory, used for keeping data and programs permanently, often referred to as external or auxiliary storage.

Primary Storage

The main storage of a computer where data is stored temporarily for quick access by the processor.

Volatile

Characterized by or subject to rapid or unexpected change, often used to describe financial markets or memory storage that requires power to maintain stored information.

Technology

The application of scientific knowledge for practical purposes, especially in industry, through the use of machinery, software, and techniques.