Which of the Following Statements Explains Why Small Businesses Are

question 46

Multiple Choice

Which of the following statements explains why small businesses are generally more effective than large companies in specialty retailing?

• A) Large companies generally lack the specialists that are needed to make a retail store profitable.
• B) Specialty retail stores are generally located in small towns where large organizations tend not to compete.
• C) Specialty retailing requires a different organizational structure than is usually found in large companies.
• D) Innovative people leave the bureaucracy of big business to start their own firms.
• E) Specialty retailing relies on customization,which is not cost effective for large companies.

---

Definitions:

Punishment

A consequence or penalty imposed for a perceived or actual offense, intended to reduce or eliminate undesirable behaviors.

Classical Conditioning

An educational process that unfolds by linking an external stimulus with a naturally happening stimulus, which results in a conditioned response.

Classical Conditioning

is a learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Classical Conditioning

A method of learning that involves forming connections between stimuli in the environment and those that occur naturally.