Question

"current competitive conditions favor large companies over smaller ones because of their flexibility combined with their ability to use their size to achieve" True or False?

Answer 1

The answer is True.

Step-by-step explanation:

Advantages that corporation have over small businesses are that they can raise a lot of money by selling stock, corporation have a special legal status and continuos to exist when de owner dies, and limit de responsability to the investors, who do not have to pay off the corporation debt.

In small businesses, when there is a crisis, as sharp drop in sales, public institutions or labor unions does not provide realife, as they do when they do when it comes to a company that goes into great difficulties.

Also, the specialization and dependence on one coustumer has great risks. Usually suffers from lack of professional expertise.