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Small Businesses Usually Only Have One Layer of Management,making Them

question 17

Multiple Choice

Small businesses usually only have one layer of management,making them more ______ and able to adapt to market demands.


Definitions:

Statement of Cash Flows

A report presenting the impact of variations in balance sheet positions and income on cash and cash equivalents, divided into operations, investments, and finance activities.

Financing Activities

Transactions that involve raising capital and repaying investors, including issuing equity, obtaining loans, and paying dividends.

Operating Activities

Activities that relate to the core operations of a business, including the production, sales, and distribution of the business's goods or services.

Investing Activities

Financial transactions related to the acquisition or disposal of long-term assets and investments.

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