Which of the Following Is a Benefit of Developing a Small-Business

question 18

Multiple Choice

Which of the following is a benefit of developing a small-business estrategy?

• A) less need for "traditional" marketing
• B) improved accounting practices
• C) increased competition
• D) improved customer responsiveness
• E) lowered staff expenses

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Definitions:

Minor Changes

Small adjustments or modifications that are made to improve or correct a situation without significant overhaul.

MRP System

Material Requirements Planning, a computer-based inventory management system designed to assist in production and inventory planning.

Wheeled Coach

Known as the largest manufacturer of ambulances in the world, highlighting operations management and process efficiency in their production system.