Which of the Following Is Not an Advantage of Small-Business

question 7

Multiple Choice

Which of the following is not an advantage of small-business ownership?

• A)Lower cost of formation
• B)Flexibility in decision-making
• C)Ability to focus on specific groups of customers
• D)Over-optimism
• E)Ability to gain a solid reputation

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Definitions:

Program Evaluation

The systematic method for collecting, analyzing, and using information to answer questions about projects, policies and programs, particularly about their effectiveness and efficiency.

Review Technique

A systematic process or method used to analyze or evaluate something in order to derive insights, find improvements, or assess performance.

Gantt Chart

A visual project management tool that outlines a project schedule, showing the start and finish dates of elements in a project, often used to track project progress.

Management Exception

A policy or practice where managers intervene or take action based on significant deviations from expected results or predefined standards.